Some allow no seasoning on title, some require significant seasoning on title, most won't close if the borrower isn't an entity while there are a few that don't care.These loans work very well in a variety of properties from single family to multi family commercial and especially well when borrowers purchase a property, rehab it and then want to cash out based on the appraised value.  

Because of the laws pertaining to recourse on the loans many traditional banks are not interested in us for a variety of reasons (no local member, low end segment, single family homes, etc.)This has us mainly looking at 2 different options. 1.

So talking to numerous commercial realtors can many times shake the trees.As far as the 1031 goes what you're proposing is really just a garden variety diversification and shouldn't cause any issues. 

There are a large variety of indicators that must be analyzed in order to paint a picture of opportunity.

Yes, I understand that the 2% rule is a quick and dirty acid test, not a proforma, but I'm curious how ya'll use it practically in different scenarios.

There is a wide variety of financing options, each with their own pros and cons.

your have options, and at that point, your investing career can move forward in a variety of profitable ways. 

Other types of loans look more at your credit score which partly includes having a variety of credit accounts.I look forward to seeing what others think as well.

There are no comps in the area but I know this town is stable with many varieties of businesses making the economy turn.The rents come in at 3100 total and the landlord pays utilities of $550/month when all units are rented.

There are a variety of areas you could invest in within the 30-50k market.