Also, work your existing network of family, friends, coworkers, etc... for leads.

The city is requiring an architect’s stamp of approval on the existing expansion plan.

In many industries these exist.

So we never use CHENOA, it's just one of those things that exists in theory but not in practice. 

@Kevin Riven because in Phase 1 you can get decent deals and lending is plentiful, in Phase 2 the properties you own or will purchase are about to increase steadily in value, in Phase 3 the properties you own or are about to purchase might decrease steadily in value, and in Phase 4 the properties you wish you could purchase will be very difficult to acquire since lending is almost non-existent.

See the link to the rule: https://selling-guide.fanniema...You can refinance existing residential loans into commercial loans where you don't have a personal guarantee.

The right neighborhoods, the right zip codes, separate meters, property conditions, existing leases, rent readiness, etc.

First thing you want to do is get very familiar with their existing agreement (is it month to month, who paid a security deposit, who pays the utilities, etc.).

That is a 13 year outlook based on my existing strategy. 

If so, the lender will pay off the existing debt and take 1st DOT for sure.