@Konrad Lightner  Your best bet is to find another experienced local investor and find out who they are using for financing...A few reasons why...If shopping by rates - rates are usually not locked in for longer the 30-days, and the shorter the length of the lock the better the interest rate...15-Days are most common...you actually pay more to have a 30-day lock. 

I bet it would.

I know New Brunswick well, best bet is to stick with 2+ Family rentals for New Brunswick and anything within walking distance to the school since not all students have cars. $455 a month is cutting it very tight per month, you have one incidental and your cash flow is gone. 

@Larry Turowski - I bet there's a way to find the median square foot that way just like natural comps. 

So limited service might seem like the best bet to try out first.I really hope you can land the kind of deal you want.

Given that lenders are tightening up, I would bet more on a fairly steep plummet over the next 12-18 months rather than flat prices.Jon

The Tico consumer can be fickle, and a seemingly sure-fire bet may not be such a safe choice as you thought.2.

Best bet is talk with an experienced local agent or attorney to find out what is typical, then research from that.

So your best bet is to really look at small local banks and credit unions beacuse they have more leniant lending standards.

That said, I am still betting on a bailout of some form - the FED has just been so good at bailing everyone out