Spokane seems to be a strong market, so you might face less vacancy and higher quality tenants, depending on the location.

I love studying here on BP but the challenge is to have all the pieces in one place.I highly recommend Sean Terry.

I would do a limited amount if I had a property with challenging space(s).

I have lots of friends and family there and let's face it, it is absolutely beautiful once you get out into the nature.

Requirements for reserves, down payment, net worth, and cross-collateralization with other assets might be a challenge to meet if you are stretching.

I understand that this is going to be a commercial loan, so is it going to be a huge challenge to get, or just going to require dealing with less than optimal terms?

So, coming up with a months rent plus the deposit is a problem they have to face anyway.Now, I will sometimes hold a place for a week or maybe a bit longer.

The point of my challenge wasn't really to see if you could get 10%.

But after reading some BP forum reviews I figured Id be better off with a local REI that I can meet face to face and who already knows my neighborhoods.

Not sure what others have done but I stated by buying existing notes that were performing and bought at a discount to increase yields from the face value.Soon I will move into using funds to generate notes with rehab flippers looking for funding.