Quote from @Hima A.:  I inspected every 6 months and never saw huge problems. 

That's actually just an AI generated photo I mocked up for my article.

In my opinion AC really needs to step back and re market itself as a beach town instead of a casino driven market. 

Granted its not 2018 but what my point is besides the start of covid, this area was not a hopping place to go even though its not far from DC.I personally do not believe its sustainable and was driven up by the fact people were stuck in there homes for over a year and could find a place to get away and go outdoors. 

Now you need to check the zoning standards to determine that this du/a is allowed.

Largely monetary expansion, but partly actual fundamentally driven growth.

Ralph I invest in L/A. I

Having the correct approach to revenue management is super important, especially when nearby properties are purely price-driven.

Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

SBA 7(a) is for loan amount less than $5MM.