Different platforms are popular in different areas. 

This article outlines the benefits of alternative financing to support struggling but fundamentally sound projects and discusses the current market conditions and trends in mezzanine and preferred equity investments.Market ContextIn July 2024, the distress rate for multifamily properties securitized with CMBS financing rose by 100 basis points to 8.4%, continuing a trend of increased distress across the sector.

I currently live next door to one of the areas most popular restaurants and my vehicle is somewhat distinctive if you notice it simply because no one else in the area has one, not because it’s an expensive sports car or something.

Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.

According to this NYT article "It can cost as much as $10.5 million for a title-contending starting offense and defense in the new Power Four conferences."

Below are some general notes on DSCR loans:* usually used for single family or 2-8 multi family unit properties (fits your scenario)* must be for investment, non owner occupied (if looking for a product for alternative qualifying solutions for owner occupied there are other products)* can close in a personal name or LLC* usually 80% LTV for a purchase (20% down payment) & usually 75-80% LTV for cash out refis* prepayment penalties vary and are optional, but the higher the prepayment penalty, the lower the rate / options typical range from no prepay all the way up to 5 year prepay and structures vary for how those penalties work (3 year is my most popular by far)* appraisal most likely required and paid out of pocket during transaction* can be used for long term, mid term, or short term rental properties * generally 1%+ is the desired DSCR ratio but you get better rates if the ratio is higher (usually rate breaks kick in at 1.15%+ or 1.25%+) and you can still get the loan done if ratio is lower than 1% but the rate will reflect that (DM me if you wand help learning how to calculate the ratio)* the average time to close is 21-30 days* fees vary lender to lender and product to product, but $1595 underwriting plus title fees is pretty standard* 700+ credit is preferred to get max LTV, but plenty of options if credit falls below that* a typical loan minimum is $75k (have limited options for $50k+) and typical loan maximum is $3-4m (have limited options for $4m+)* 3 months reserves usually required, having 6+ months will usually result in better loan terms, 0 reserves can still get the job done if you go with a program that allows you to use the cash flow as reserves* 30 year fixed, IO, and ARMS available

(I wrote about it in this thread.)The New York Times has indirectly addressed your question a few times -- in this 2019 story and this 2023 article -- where they discuss areas that will fare better in an era of extreme weather and climate change.

@Travis Andres  I have read about him and you can google articles also. 

I moved from Florida to start investing in Columbus because of the same reason.https://www.zillow.com/learn/hottest-housing-markets-2024/Read this article on the "core 4".

Take a look at BP's blog where new articles are published every day: https://www.biggerpockets.com/blog4.