If you are using accounting software attach the receipts to the transactions as well.

They will work with the buyer to re-set the loan and terms because when they foreclose and bid the property in for their loan amount which they mostly do around here, they have to recognize the loss as a non performing loan which has a multiplier effect on their lending base.

I am in multifamily as well, so we could have a lot to discuss. 

The property cash flows well and has enough equity.

As for the 2/1 unit There is a long term tenant (10+ years) that has a great relationship with the landlord (they seem to be friends as well) and has been paying rent on time ever since they have been there.

How well do you know your potential borrower and their creditworthiness?

I inspected the home pretty well if anyone needs more info just pm me.

My PM company told me that is who they use for rate setting. 

Well, I'm the odd man out here. 

Or local only investor who is well known in the community can get those from banks thats why you see this huge amount of HML PML entering the space since 2010 prior to 2010 there was a fraction of the amount of HML pML as there is today.