I took my financial statements and historic rent rolls to the banker and talked him through my vision and needs. 

Another thing he told me was to be completely honest with our bankers, and whenever we told them we'd do something, to do it.

Many bankers I could never get on the phone; it was always VM.

I have done deals on foreclosing properties both with the banker (buying the note) and the borrower (buying the property).  

Alternatively, if you have a strong deposit relationship with a bank you can ask them about 'warehouse lending', which is a shorter type of in house lending they offer and generally your banker can say yes or no from the desk. 

Alexander, a name that is synonymous with great "Alexander the Great -- a great Greek conqueror...but as a banker hmmm....I would think that you would be more informed regarding our current or recurring recession and I would like to think and believe that gold has stood the "test of time" to that of fiat money which as history so repeats and often dictates is a "devaluation of currency (money)" the leading causal factor to hyperinflation http://www.usagold.com/germannightmare.htmlRecall the Weimar Republic in Germany...I just did that for you as an event in history that shall be remembered for the German people. 

I even brought my commercial banker out with me from Oregon to Detroit.. and the conclusion of this appraiser was that these areas of the country are transitioning from homeownership to rental purposes and that GRM is an acceptable way to come to a value or substantiate a sale price to an owner who's intention is to buy a ready to go rental based on a certain cash flow..

It depends on the bank, the banker, and the underwriter.

Fair enough.After getting my license, I joined Coldwell Banker, the biggest brokerage in the world, in the hope of getting insider's deals.

Some bankers won't be as familiar with vacation rentals, but you will find one that is.