Being that each state has its own unique real estate laws/regulations/guidelines, and the 203k is quite detailed, it may make sense to go with a local lender where the property is located. 

I tend to buy in the Southern half of the US for 3 reasons:1) you get much higher year-round occupancy rates in the South & it’s simply tough to earn a good ROI in the North if your place sits vacant for a big chunk of the year2) Culturally, the Southern half of the US seems to be a lot more accepting of STRs regulation-wise.

Zoning regulations and building codes vary town to town.Where I am, the first issue is zoning whether your area is zoned for a triplex.

They don't need the government to regulate it for them. 

It’s nice to think of working more like 9-5 and not having to deal with all the regulations — commercial isn’t regulated, at least in NJ.

These evictions may eventually include the tenants that have not paid rent during the stay at home regulations. 

Complex local zoning and building regulations - there simply no land to build or convert anything into more units.

the hand offs are annoying since if your situation is more complicated, as investors tend to be, you have to explain your file all over again.Separate from banks, non-bank lenders (separate from mortgage brokers), really have more flexibility than a bank due to the regulations imposed after the 2008 crash.

I've heard some Landlords are experiencing 30% or more in delinquent renters but I think that's in heavily regulated states and apartment complexes where tenants tend to collaborate more.

The forum regulations won't let me post contact info, but sent you a connection request so I can get it over to you.