Even so, with a commercial loan there are still loan classification issues, state registration requirements, fair trade matters, UCC requirements, predator issues and collection requirements, so if you're out of country and not familiar with such aspects, a servicer is very much needed.

Thinking you're an investor and the loan being commercial isn't at the size, scope or collateral interest of the type of commercial loans where such releases might be customary, your deal is on a residence, not a warehouse, collateral is also an aspect of loan classifications.

What I understand probably more than casual readers of financing matters is the area of loan classification, there are several aspects if a loan is really a consumer loan or commercial, and if someone is in the business of lending or selling homes with equity financed and their level of business activity or if they really are individuals that fall under those exemptions.

BTW, loan classifications is not just your intended use, as being commercial, it can be viewed as a private transaction, not a consumer loan under Dodd-Frank, but very similar, your intent is commerce but what is it in reality if you fail?

I stopped mentioning loan classifications due to the different applications and rarity of that interpretation. 

In VA there are different classifications of licenses, and maybe that's worth checking into for PA.

My goal is always to educate myself at much as possible before jumping in to anything "in real life".I know those were just 2 examples of people in your REIA, but I've already confirmed the building classifications with the assessor's office, and I'm working with a local foreclosure attorney/title company to do title searches to assess lien priorities and liabilities.  

So for instance if I can get 3% a year "risk free" by buying 10 year treasuries, I would be a little nuts to buy for cash an apartment building in Seattle for that same return because there is all sorts of risk in an apartment building.2) Supply and Demand for that Asset class. If

I recognize many calculators use this method and it can work if the percentage varies based on market (rent, tenant class).  If

with this not being  a single classification I could see it working but may explore land contract or owner financing?