There are some central areas that have high saturation.

For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).

It's net income is a loss due to high turnover costs, management fees, etc. 

A program that gives quality housing to poor persons?

Stakeholder Capitalism - Klaus SchwabBlack Swan, Fooled by Randomness, & Anti-Fragile - Nassim TalebThink and grow rich - Napoleon HillHuman Action - Ludwig von misesScaling People - Claire Hughes JohnsonHow to Win Friends & Influence People - Dale CarnegieThe 7 Habits of Highly Effective People - Stephen CoveyThe Road to Serfdom - FA HayekThe Millionaire Real Estate Agent - Gary KellerRich Dad Poor Dad - Robert KiyosakiThe Law - Federic BasiatRaising Private Capital - Matt FairclothAsk me about any of them!

Even so, the poor quality of work done in this house does make this figure less cut and dry. 

I's already at a high LTR rate, so I just don't think MTR would bring that much more. 

-They have high blood pressure-DiabietesAnd not people that are retiredOr people that almost not doubt have legit problems

I've often heard BP use the terms "Cash Flow markets" and "Appreciation markets", and they are generally referring to low-priced markets as "Cash Flow" and high-priced markets as "Appreciation".

It's just too risky to have that much high cost debt at one time.