@Julian Pilate-Hutcherson We work almost exclusively with OOS investors and it's a mixed bag...I sold 3 MF properties this month to folks that have never been to the state...and I have another set of clients that have been in the market for months and make routine visits to the city...I think it has a lot to do with comfort-level...truth told, we can leverage technology and get every possible detail on the table for review to make a pretty informed buy/pass decision...combined with an inspection and appraisal, there is really no need to be here in person looking at deals....

I just had a client do a 10/30 for 7%, that's probably the high point.  

This is one of the MANY reasons that we steer our clients clear of blanket loans when they only have 1,2,3,4....even 1-15 properties.   

Any closing I've conducted where my client was forced to purchase under the gun, there was a serious underlying issue.

When we have customers and clients go out of their way to provide us value, we like to show our gratitude in a variety of ways.

A referral to their next client who will close a deal for them without craziness, and then your repeat business on your next one.

My client found financing for a sub 500sf studio in Whistler through CIBC before.

Most of my clients here in the Chicago western suburbs are running into the same issues.

-----------------------As you can see above Option 1 had an amount of labor that would be logistically impossible to devote to every client & still remain profitable given the amount of money a client pays to the Property Manager every month.

Many of our clients do not want to list on more than one platform because they're concerned it will be twice as much work.