I have also seen quite a few rental concessions popping up at some of the higher end apartments that are just a few years old (no longer the brand new "cool" places to live). 

Alternatively, if you're working on $20M deals don't hire someone who works on mom and pop transactions.The important thing is the practitioner NOT the firm.

Lender will do 65% LTV 25 year amortization and 4.85% fixed for 10 years.Another property we closed on a retail center for 3.5 million and 4.70%, 10 year term fixed , 30 year amortization with all national credit tenants in a great location.Another was an Advance Auto for about 1,700,000 purchase with loan of about 1 million,25 year amortization, 10 year fixed and 4.65% rate.If what you own is the smaller commercial under 1 million in price and mom and pop then most lenders will not compete for it as 1 million is their cut off point for loans.

I would pop on Hayden homes website they are the lower end production builder in Central Oregon and Washington.

Pop the top and expand upward?

I've learned that if you start with an "@" symbol and then start typing the person's name a box will pop up to select the name.

I would only do this if you have excess reserves and are comfortable paying for any issues that pop up.Hands down, if you are trying to maximize return, don't paydown mortgage.

It just doesn't happen (the me).I kind of get it for the MF  if they are position for a sale or some other refi and they need to hold out for highest rents to make their numbers look good.but for mom and pop  just like Mathew stated above 2 months turns into 3 or 4.. and bye bye 3 to 5k you will NEVER get back.take you 30 to 50 months just to get even     even if you got the higher rent which you probably wont.its double whammy I have seen people do this for 25 to 50 bucks its crazy in my mind. 

It was a short term rental for many years and all of the touches really popped in the listing photos. 

.: more of a mom/pop operation, more willing to negotiate on prices than Mike's, sometimes will have very high end models for not that much more than basic stainless, less professional when it comes to delivery/scheduling.