CMBS loans first gained popularity in the 1990s filling a void in traditional lending that resulted from the S&L crisis and the prolonged lending downturn that followed.

Success is a process, failure is a choice

Fresno has some of the best cash flow numbers in the state, good choice on location!

We live in a rural tourist area and have a very disfunctional market, but I assume from your location that you would be in a more traditional market where a new home would be an easier sell.  

I offer a flat fee per closing specifically for owner/agents, as well as the more traditional brokerage commission splits if you're looking to build your brand.

@Kyle SturmanIf you plan on using traditional mortgage products (like fixed 30yr mortgages), then you will be forced to own the property in your personal names.  

I was thinking of maybe a choice of month to month, 6month, 12month but with different price options to get me closer to fair market rent.  

You made a wise choice posting in this forum.

Albeit a loan from a bank or non-traditional money lenders, if you have a high credit score it will be easier to get your projects funded. 

The problem with the high crime areas is that the quality tenants tend not to live there they have choices.