Our guidance line relationships have grown of late to the point where we have put together a draft ranking mechanism for our "horses" in an attempt to get the most favorable terms from our lenders.  

.* Economies of scale on roof/mechanicals.* One vacancy doesn't create the crime target that the vacant $25K SFR does.* Some tenants don't want yard work, so there is always demand.* Generally have higher gross rent yields (admittedly expenses can be higher due to common utilities and common area mainatenance, offset by economies of scale over time)Once I have 7 or 8 conventionally financed multis (mostly 2 and 3 BR units to avoid transients as much as possible, and to capture large Section 8 allotments), I plan to focus on SFRs for buy-and-hold, using local bank financing.Advantages of SFRs:* Greater rental demand, quicker tenant placement * Longer tenancies typically* Better resale options, including O/O buyers* Tenants pay all utilities, maintains yard* Can rent under lease-option if desired* Less concentration, more diversification* More liquid; if cash needed can sell one houseDoes this seem like a reasonable approach?

Every time I start to think to myself, "I've seen/done enough to feel good about offering sight unseen", I see something that changes my mind:I looked at a property yesterday, expecting it to need a full cosmetic rehab and maybe a few mechanical items as well (roof, hvac,etc.).

I found out their is a mechanic's lien on the home that is 10% of the sale price value.6.

I break it down by room, exterior elements, mechanicals, etc... and as I go through I fill out the spreadsheet with what needs to be done.

Mechanics.

I don't take my car to the cheapest mechanic in town because I know that you get what you pay for.

(I'm in the middle of a deal right now where the family is fighting and backstabbing each other over a few $, so you never know)I would definitely have a title check though, there can be a mechanics lien or something goofy...

A basic real estate agent listing and selling single family homes, commercial leasing and/or sales (retail, industrial, office), emphasis on real estate investors?

I'm happy about it, though, because my wife and I overcame analysis paralysis and learned from the process.Here on Bigger Pockets, I'm hoping to meet and compile a list of buyers and sellers, and I'd like to find referrals for every type of team member you could think of: attorney, accountant, contractors, buyer's/seller's agents, private funding, mechanics, property managers, etc.