I agree with @Matt R.and @Bob Bowling... you should consider total profitability (cash flow + appreciation), not just cash flow and not just appreciation, but the entire picture.

Small loans are a critical part of the work we do to make affordable, quality rental housing a reality for renters in urban areas and smaller markets across the nation," said Bob Simpson, multifamily vice president for affordable, green and small loans.

It's selling information.He gave you the quick answer, one you wanted, he is a state employee and has better things to do than to sit and jaw with a new real estate operator, as he didn't give you the full story.Yes, if you say hey Jack, Bob has a place to rent and if you give my fifty bucks I'll tell where it is, and Jack gives you the money and you tell him, that is information.But, you are on this site, I'm sure you want a business out of this, if you go see 30 landlords and start advertsing or seeking tenants in the public arena, tha is a horse of a different color, that is what agents do.Did you tell that state guy what you had in mind, putting tenants and landlords together as a business?

Or Bob Lucroy  both of those guys buy and sell..

Bob, I have been a Property Manager for six years.

@Bob Bowling Now THIS is what I was hoping this forum would strike up.

Bob, to tag people, type @ then their username.  

Originally posted by @Bob E.

Originally posted by @Bob Hucker:Originally posted by @Roy N.:...Here we are not permitted to accept payment for {residential} rent beyond the next rental period {i.e. month}, so the only solution with someone who wants to prepay their rent is to have them put it in an escrow account and setup automated payments.To work around that, why not just define the rental period as one year?

This loan blows up, foreclosure begins, the borrower gets an attorney, Bob the borrower and Charlie the lender are now in Circuit Court.Not only are they in front of a judge, Bob got a jury for his claims!