Since the bank is always concerned with risk management for getting their money back, it helps to have things such as:- Permanent residency- Japanese spouse- Larger than usual down payment- Financially secure loan guarantor who is Japanese and willing to sign for you (you will probably need the guarantor regardless, but having one with deep pockets helps)Sorry, I don't have experience with commercial property here.

That doesn't mean you have to close quickly...at least, not usually...but if it's a good property that might mean it will go under contract that day.The other thing to know is that if rates do go lower, that would mean more properties to choose from...but it would also mean more competition too. 

My onboarding usually involves having my team send the prospect with our onboarding documents and I will either meet in person or do a zoom call with them to talk about our process and see if we are a good fit for one another.If they want to move forward, they fill out the onboard docs which I pass to my VAs and they setup the listings.

This is 100x more true if the property is in a C or D area.I'd suggest reading up on the topic on the forums, where you'll find many examples of inexperienced investors crashing and burning hard trying to do OOS REI...the story is usually the same--they had no experience with REI, they couldn't find any cashflowing properties locally, but they saw that properties in other states (often the Midwest) cashflowed well on paper.

Hard money usually caps around 65-75% LTV.

Extra razzle dazzle - post up on FB groups and Airbnb for 30+ day stays. 

In our experience in Denver and Colorado Springs with midterms, it take 12-18 months for the extra income from it being an MTR to pay for the furnishings.

However, the return on an investment in real estate is usually calculated from the perspective of ROI and Cash-on-Cash return, which is based on the cash flow on the deal. 

Do a good job screening and consider the pros and cons of waiting an extra month of not having tenants vs the risk of having tenants who trash the place or refuse to pay rent for months.I invest in my hometown here in Winnipeg and Manitoba has very friendly tenant laws.

The WPC and similar products usually mention nor more than 3 days tops.