Your personal credit still matters, but a commercial lender will be more concerned with the property's performance, specifically it's Debt Service Coverage Ratio.

@John Farady that is very valuable information.I just wanted to add, in order for a DM piece to perform, your marketing message (copy) must match the questions going on in your target's mind and address their concerns, challenges, and problems.You could have the best copy, but if the letter or postcard is being sent to a target list where things aren't congruent (a match around solving their problem), what ends up happening is a deep frustration around DM.DM can be expensive to do on a regular basis. 

You can handle it in a few ways 'sorry, one of my staff already performed it' or, 'One of our staff members will be doing it as their scheduled allows... not sure when that will be'... blah, blah. 

The most usual is using comps that aren’t really comparable, and not making enough of an adjustment to reflect the difference.If, after 12 months of ownership you have another appraisal performed, and this appraisal confirms the value as concluded by the former appraisal, then you may be able to monetize the equity.

@Bruce Park Once you get to the 100+ unit apartment complex space everything becomes a team sport.

The municipality typically performs a Use & Occupancy inspection (or a similar name) that primarily looks for safety items and verifies proper operation of major features. 

Hey all, Long-time lurker, first-time poster and I wanted to get some opinions.I somewhat recently bought a house in Georgia through Roofstock and, through some underwriting bungles on my end, it's not performing great (~5% CoC Return compared to the 8-10% I had underwritten due to some unforeseen repairs and some higher fixed costs than I had predicted).

I've always been one of the highest performers, what happen?

If you can find a well-performing property in San Diego that you can afford, you can invest here (you won't).

And keep in mind, the insurer has perfected title as insured so it's fully performed its obligations, it won't owe you anything else.