The blog post on "shopping for a deal" makes excellent sense -- the more you are familiar with streets and neighborhoods, and how much properties have sold for, the better position you'll be in to grab the right deal when it comes along, without agonizing or delay.

I hope to be received with open arms and open minds.

If you're putting in/ hiring someone to put in the work (about 10x the work of a long-term rental) and attention, I think you'll be rewarded by renters and supported by HRM.

Seems like a money grab

Nor do I even pay attention to national trends or metrics. 

Also, perhaps if the officer has a chance to see for himself the situation, he may take more of a vested interest in the problem, resulting in some special attention from the Street Crimes Unit (or whatever they call it in ATL).  

Rent existing South Pasadena home for around $3000 to support new mortgages and home equity loan paymentsRefinance new properties after a few years to pay off original home equity loan (at least partially)My partner and I move into original South Pasadena home after a few years to take advantage of good public schools, while the in-laws receive income from now fully-rented multifamily.ProfitIs this naive? 

./104th)Purchase and sale agreement, with a standard escrow.Escrow closes upon date certain, or when the city issues unappealabel entitlements, zoning etc.DD of some period, 30, 60, 90 day, with some non-refundable upon reaching this date.Reason to do it this way is you have a solid contract, if and when you receive zoning, you can close without question.

He is an investor himself and understood exactly what I was talking about.After we received our approval letter last week, I emailed him about a possible construction loan with his institution and his response surprised me.  

It doesn't mean, I don't look at purchasing cap rate at all or pay no attention to it.