This is the most basic level of protection and it is not very effective, but it is still better than nothing.

Another option if this is strictly for investment purposes, you could try to go DSCR. we have one lender that will allow for 1-4 units (inv. prop solely) who will go as low as 620 fico, but your LTV may be limited to, say, 70%. qualifying would be based on the rents received, not off your $100k income. there are options out there, keep working at it and get a 2nd opinion even on a full-doc loan. hope this was helpful to some degree!

While private money isn't highly regulated at the federal level, there are subtle nuances to be aware of in each state that may trigger your loan becoming a security and then the SEC would have regulations to consider.

I used to think residential brokers/agents were a terrible bunch, but commercial is another level of lazy/corrupt.  

Supply is low low low.

Plus, it's not like RE isn't also getting hit right now--many people holding RE will probably take a significant hit to their net worth this year.   ...but, at the end of the day, I don't feel like I have a thorough enough understanding of crypto to go in on it at any significant level...   ...but, it will be interesting to watch it evolve in the coming years! 

What's your level of experience?

The numbers actually seem ridiculously low to me. 

Not to low either, you don't want to go with someone who is just focused on price as this is a quality of a not so great accountant.

Lots of homeowners subsidized residents' rents during the eviction moron-atorium (while residents worked during historically low unemployment, and residents did not apply for available free rent because they did not need to).