Its normally pretty hard to get it done during normal times....the current inventory crisis however makes it impossible.

Normally, I would urge you to invest local for your first property.

Is this the way you normally send it? 

When I first started 10 days was normal option period or at least not unusual...then it moved to 7 as the market got stronger, now not unusual to see 3 and 5 or 0. 

Would 20% down be relatively normal for commercial?

I'm making a couple assumptions here.I don't normally deal with commercial mortgages, but this one is a 5 unit. 

Is that normal?

Second i noticed you are negative on the cash on cash ROI we should be shooting for at least 10% and last i noticed 15% on property management fee i am not sure in your area but normally they charge between 8-10% as is i would not consider this a good deal however, i have learned every property has a number.

We are still receiving a few sporadic bookings, but much lower volume than normal.  

They operate just like a normal loan but use the all the SFRs combined ARV for the LTV.