A blanket mortgage is not a product offered by Fannie/Freddie and is less desirable for most investors.Several friends of mine who own 50-200+ SFR rentals have successfully found small regional business banks willing to lender based in the NOI and cash flow of their properties. 

Now there are over 30 sfr available and we are moving into the slow time.

I'm concerned that this might slow my investment goals down.

So I'm not sure what this ordinance would accomplish, other than slowing down the inevitable and causing more headaches for landlords.Has anyone heard any updates about this? 

Off season now so things can be a bit slow. 

Based on the data I’ve pulled (and a few great mentors who have properties in similar areas), I’ll cash flow about $5k a year, taking in account for the slow summer months, expenses, etc.

Noah,I am in the suburbs of Chicago and our taxes don't slow down.

@Mike Pauze if you are looking for a renovation style loan, search here for Alex Bekeza...he works with investors and is active on BPIt's important to define the loan product up front...some conventional lenders may not have the product you are after.

Tech will always have a "Next Gen" product which is currently focused on Consumerism (TV's, phones, PC's, entertainment). 

I would reach out to a couple more lenders with your exact issue and let them know what you found about the Fannie Mae product being more lenient specifically and see if they will look into it for you.