Regardless if they invest in a high cost market or a low cost market, I recommend they concentrate on total return and place less focus on the source of the return (as long as they are not over leveraged and in danger of default). 

@Adam Walker what are your options if they default?

On a side note, if the property is a mid-term rental, lenders will default to market rents to qualify.

I'd relate it to purchasing auto insurance, where you're given kind of the default average coverage limits, then you just adjust up/down as desired (mostly guessing on what you should choose).

It defaults to same day, but I could see how this could cause some issues.

I have multi-family (600+ units) experience with start up for submetering water/sewage/trash via Conservice, electricity was always required to be in tenants name (with revert to owner and bill back in the event of a default in payment). 

SBA lenders are confident the deal is lendable, but SBA rates at prime plus 2.5% are high, and I don't want to risk default.

leveraged loan this year is hitting new default cycle, 2nd all time high since 2008:

After finishing the first episode I jumped on here and decided to find and read your posts.Utah is expensive, I've attended a couple of networking events and attempted to ask questions on Facebook forms, people from a popular group called Renatus continue reaching out to me wanting me to pay for a $27k learning program.I read read Rich Dad Poor Dad and Cashflow Quadrant so far.I am puzzled at how people are finding the deals to begin with and discouraged already that I don't know how to build the skills and where to start to get into this network of investing.Any light that can be shed and tips or guidance would be much appreciated.As a beginner, the only value I would be able to provide to anyone is finding deals, the notice of default list here in my county on a monthly basis is the only thing I've attempted and my yellow letters have never gotten any response.I am willing to help provide value however I can as a beginner.

Be careful of a usury violation if you do this.To discourage a borrower from sitting on the property, we can call a default if work doesn’t start within 90 days, and we write our note for 6 months.