The rates are good and my insurance is great due to my other products.

My understanding is that the loan product is not as flexible as the FHA loan. 

@Karl McGarvey @Bob DanielsTotally valid points and I appreciate the inputs! 

The type of property you get, the neighborhood will  play a part of an appraisal know matter what kind of product you provide. 

This is the way of the future.some of my turnkey clients were having their buyers / or providing one year of renters insurance IE if they missed rent the insurance company paid.. it was an easy sell product.. but those companies sustained loss's that made writing that insurance not so fun.. so they just cancelled the policies..

@Iman M.Tons of lessons learned as this was our first experience with commercial loan products. 

As with everything else, check it out before spending any money on products or coaching, but his site could be a great way to jump in.

If there are valid comps at that price, then they should come in at that price.I do disagree with the viewpoint that you shouldn't pay over the appraised value because it's not worth that.

How wonderful that your provide a product that is so good that word of mouth is mostly what you need.

Your 8.0% cap rate is also in-line with B-C product of this size in second- & third-tier markets (7-9% OAR is a good range for B/C product in tertiary markets).