This is the power behind relational lending and working with local private lenders, not national HML companies.

I heard in a Podcast recently that one of the first things to check when underwriting a potential deal is that the average median income is twice that of the national average.

I am part of an LLC that owns one condo outright and 2 condos with a mortgage that we rent short-term Airbnb.I would like to look into a cash out refinance on the unit that is paid off so that we have the ability to purchase a fourth unit with a cash offer.Can anyone recommend a starting place for a financial institution that would allow that?  

At least in SFH you’re competing against “the little guy” instead of the experts and institutional money that thinks a 3% return is awesome.

What is your nationality? 

@Joseph Decker You should check out CFRI, the local chapter of the National REIA.

Trips to National Parks will stay high, and interest rates will probably climb a little. 

v=_fCLVapcR2AHigh Point:  https://www.housebeautiful.com/design-inspiration/a26945378/high-point-north-carolina-american-made-furniture/@Scott Mac: In this land of "Nascar and furniture" we have the most diverse forest in the entire continent (western NC), some of the most pristine coastline, several top tier universities, a metro area (Charlotte) of 2.7 million people and rapidly growing, two large military bases and towns, the #1 most visited national park (the Blue Ridge Parkway), some of the most coveted hiking and mountain biking trails and parks, the largest home in the US (The Biltmore Estate), towns like Asheville that consistently make top-10 lists for lifestyle and relocation, coastal towns like Wilmington that are so desirable that they have nearly no land left to build upon, fantastic weather that includes all 4 seasons but only mildly so, etc.

The median rent price in Salem is $1,765, which is higher than the national average of $1,650.

@David Shives, As much as I appreciate @Joe Splitrock's shout out there are indeed many QIs both here and nationally who can help you.