JackieIs there any way they can go and visit the current PM and also meet the new PM, or even ask the new PM to go by the office of the current PM to see if they can see if they are still in business?

Happy to go through some details on that if that'd be helpful.

In my experience, the local banks are going to get you better rates and lower fees with their commercial loan products than the "DSCR lenders".

best of luck. i would network in that area and go to as many meetups you can and learn the area well

I don't really want to invest in a D-class area.Tangentially, what are some of your "it's time to sell this property" red lines when it comes to the changing economic conditions of an area? 

For example, the stairway is not level and you would have to scrap the house and rebuild to live here.

Does anyone know how to go about it?  

They seem to keep going back and forth on this issue.

You might also meet title agents who have resources on, say, foreclosures or probates…and might recommend lenders who actually lend on more difficult projects (as the title companies also know which lenders can close and which are difficult).I also go visit open houses to see what sorts of finish to put on my renovations or to look for the next house or area in which to purchase.  

Since I am new to the town, I wanted to seek advice from experienced investors out there.