I am currently evaluating a very unique property. 4,100 square feet divided into 4 units.

These are wide generalizations, but this insight was explained to me by a local restaurateur when asked why the West Valley seems to have trouble attracting and retaining unique non-chain restaurants, and I can totally see and understand that logic when visiting the different areas in the Valley of the Sun.  

Capacity of our underwriting staff could be one, or just that the guidelines on that type of loan are a bit unique, so we don't want the added risk on our side of the fence, but still want to offer that to our borrowers is another one?

On the other hand, I would agree with where Karl is headed, and that is that there may be some legit extenuating circumstance that has led to this unique position.

I know that air bnb's are best when they are unique.

Hopefully this is a fun “what would you do” RE question for the unique times we all live in:If your goal was to get to $4000/month in income asap or by 2023 and you have/make...50k in cash.200k in stock you’re comfortable liquidating for a smart RE investment.160K in HELOC available from a house-hacked BRRRR you completed.A forever remote full-time W-2You’re comfortable moving anywhere in the U.S with standard lifestyle amenities for a millennial (no podunk middle-of-nowhere class D places - this one’s tricky :-).150k in yearly income (W-2 + annual rental income)...what would you do?

Each stone has a unique power and when wielded well has the power to transform everything around it.

Although it's always great to feel like "you got a deal" we have to keep in mind that interest rates are at an all-time low and we're in a very unique situation.

My reason is simple: Chicago is a tough market and you can lose your shirt due to reasons unique to Chicago and Illinois.Sing and dance all you want, but investment opportunities MUST be viewed in the context of two things: First, does it “hit your numbers” – which includes such non-numeric things as risk tolerance and goals, and; Second – and this is where you fall down in my book – what are the alternative investments that also “hit your numbers” but with less risk?

Unless you’re purchasing a really unique property or a funky deal, use your trusted loan officer from a national bank who can lend anywhere.