I like Northwest side, the Rim, by the military bases, or even out west toward sea world. 

Just want to figure out if agency debt is based off of the agency or the lender specific spread.

I was looking into Gama based on the Frank Rolfe article.

Financing based on lender's equity in the property is much preferred. 

One property did at least provide reasons why they were selling the property (I had to ask, because the property's cash flow is insane based on their description). 

Following - I'm based in California

You just need to speak with relationship based local banks who will lend on apartment buildings, mixed use, local commercial deals, etc.

No one direction is perfect.

Based on what you are interested in, have you considered purchasing a primary residence that needs updating/renovating? 

Realtors
Lending officers
Wholesalers
Property managers
Title companies/Escrow officersHeck even Dentists could use this
Anything local where you have a physical location/office and you generate leads based on your local geographic location.