My take on the area is that it is great for buy-and-hold (although you absolutely do want to be particular about the area) and a nice inflation-resistant asset that can actually cash flow unlike what I hear from Austin.

I would use the 1% rule only for  "A" assets.

A "Hard" Money Loan is based on the "Hard" asset (the property) more so than the borrower. 

I just read a blog post about offering in a Freddie Mac REO, and it said asset manager wouldn’t consider an offer less than 12% off.

Located inCentral Brunswick County makes it ideal for businesses and medicalpractices serving Southport, Supply, Leland, Shallotte and South Carolina.General InformationTaxing Authority: Brunswick CountyOffice Type: Business Park, Office BuildingZoning: C-LDProperty Use Type: Vacant/Owner-UserBuilding Name: Brunswick Medical CampusClass of Space: Class AGross Building Area: 2,434 SFBuilding/Unit Size (RSF): 2,434 SFUsable Size (USF): 2,434 SFDiscounted Sale Price: $155,000

One of our originators wrote an article about this a few weeks back on this exact topic. https://www.corevestfinance.com/commercially-structured-loans-for-real-estate-investors/"To reset this limit, blanket mortgages wrap all of an investor’s residential assets into one commercial loan that will be held in an LLC vs. 10 or more different residential loans – thereby wiping the 10-count from their personal credit report and setting it back to zero.

If for liability shielding from personal assets, then they need to work with lenders who will do LLC loans.

Both authors are knowledgeable and active members here.

So, yea I don't actually have a cash flowing property yet, but I have zero doubt that this will be great asset when the work is complete and a tenant is in place. 

Asset Protection is not just about preventing liabilities A true asset protection plan involves protecting you from the Big 4 wealth destroyers: 1.