That's the same chart/data I posted above.

Then research local regulations and tourism and data. 

My original plan was to buy 15-20 properties with REI if things went well. 

Originally posted by @Chase Alison Matthews:So...

These are also the banks that are more commonly relationship lenders and will allow your originations to out pace your balance sheet if you are consistently able to execute on the projects they fund for you.

The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.  

Since the LLC doesn't own the rental you're missing out on the asset protection that was originally intended.

. :) You don’t have to make assumptions or a comment that I am “making excuses” to not help myself when I am trying to help myself by posting my original forum.

Look up market rental data to know if you're in a lower paying area.

Also would charge points at origination and bump the rate up a point or twoReason being my guess is this borrower can it get conventional financing so they are a higher risk.