There is, in fact, historical occupancy rates dating back two years on the airdna charts.

I conservatively use 2%, because 3% is the historical average.

Syndication pros and cons-could be a Ponzi scheme-passive-better returns on early investments, but less potential for a home run-less learning for me since I don't get to make the mistakes-recommend by a savvy real estate guy I trust-seem like a better option for our of town purchasing when I get there If I can make 10-20% per year, with an average year on the upper side (my speculative numbers, not historic numbers from them yet), but as a direct investor could lose it all to an upside if 25 or 30% but with a full time job equivalent, I'd rather the passive.

My other two homes are near downtown in the historic district, these are scattered all over.

It is far too easy to tell you it is harder in Socal and give up..... just understand it is more profitable historically ( #1 since 2000 nationally for flow and equity) and that is partly why it is harder.

I wonder if any orher BP members use this service or can recommend a course of action to obtain occupancy rates and historical data by zip code.

Even though that's a historically normal interest rate, it still scares most owner occupants away.

But my biggest question is why would you want to use commercial financing on your own residential property, when you can get residential 30-year fixed financing on a refi at historically low interest rates?

But I have not heard back, and don't know if he is really going to even try and obtain it.Another issue I didn't even mention (I don't want to overwhelm BP members :) ) is that this is an Historic property, and in the chain of title, there are some restrictive covenants by an Historical Foundation that owned the property at one time.

If you go to newly full time freelance, the historical freelance income on your tax returns can be used to check the two year box, especially if it's some sort of internet gig where your location is not relevant.For #5, to overcome the down payment hurdle, run numbers and see if it'll still cashflow in a way that makes sense to you after doing a cash out refinance.