I can tell you nationally average occupancy rates are approx 55%.

@Andrew Kubik look in to NARPM (National Association of Residential Property Managers) if you haven't already, they have local chapters.

There are DSCR rental property loans for foreign nationals (non-U.S. citizens who don't live in the U.S) that are 25% down for a single family rental property and 30% down for a 2-4 unit property.

My family owns REI Nation, and we have an office in Southlake, TX.

Goodyear and a national army base are located nearby.Which city is it?

The CRE lending market is expected to recover gradually, with opportunities emerging as interest rates stabilize and maturing loans drive new borrowing activity.Some regional banks are certainly struggling while others are consolidating in bid to become national powerhouses.Revised CRE Lending Projections2024: 26% growth to $539 billion (down from previous 34% growth forecast)2025: 23% growth to $665 billion (slightly lowered from 24%)Multifamily Sector Adjustments2023: $246 billion (49% drop from 2022)2024: 21% growth to $297 billion2025: 31% growth to $390 billionMarket FactorsRecent moderation in interest ratesSignificant number of loans maturing soonProperty owners hesitant, hoping for further rate decreasesUncertainty persists in the market, particularly regarding interest rates and property owner behavior.

My attorney's drafted the mortgage and note and we sent it to our favorite title broker at Fidelity National Title for closing.

The national office market is showing signs of stabilization as major corporate tenants like Bank of America, Fannie Mae, Bain Capital, and Verizon commit to large lease renewals.

(Note: These are non-negotiable requirements that must be provided) MBE/WBE/Prevailing Wage: All projects that seek City assistance are required to have a certain percentage of Total Project Costs (TPC) that are being performed by certified Minority Business Enterprises (MBE) 26% and Women Business Enterprises (WBE) 6%, as well as have labor costs that pay prevailing wage as defined by the State of Illinois.

Some extremely large national management companies that are very well respected specialize in these properties.