We are also concerned about post covid revenue, will the popularity of big bear decline once travel becomes more common again.

Not all of them do this but it is a common thing to see.if you go the hard money route then you will need to discuss the terms with the hard money lender and see what they are offering.

Are there any fb groups for local investors that are not filled with scams and actually have a good deals passing through?

@Ryan LloydIts very common for investors to reach out to me before purchasing a property, so they can get a better idea of what it would rent for.

People having success with this model are buying within a narrow search criteria (4+ beds, 500+ sqft per tenant, 3+ showers, plenty of parking, no HOA restrictions prohibiting non-related occupants, proximity to major employers etc etc.) and hiring management that specializes in the model and has systems + methodologies in place to account for turnover, roommate politics, common area cleaning, utility costs. 

Not sure about the hostility you're getting in response, but Bank statement loans are a fairly common thing.

@Robin Brown welcome to BPyes this is a common strategies and one of my favorites. 

Minor yes backing in and out of traffic can be a nightmare unless that is common in that area.

They say the title company won't wait for the check to clear.Is this common practice today - title company won't take bank check and just wire.

Is this common in a loan for a 4-plex??