If the rate sounds too good to be true, or is an outlier (I.E. you got 3 quotes in the 10-12% range and 1 at 8%) be skeptical of it, as that company is lending at less than market, and is likely going to balance sheet your loan. 

And among all revenue sources, property tax trails only intergovernmental funds (22%), which comprises funds transferred from one government to another (most frequently federal to state or local) through grants, loans, and other agreements.However, the overall mix of state and local revenue sources looks different across the U.S.

We deal with international investors frequently

and the zip code. some are holding "value" better than others. days on market is increasing (think holding costs here). failed financing is becoming a thing - someone applied for financing at 4-5% 2 months ago only to see the 6-7% rates today and all of a sudden the buyer no longer qualifies...or it under appraises - these will become more frequent as well as more recently sold comps become available.

This kind of thing is to be discussed much more frequently.

I host a local and virtual meet up and talk about these quite frequently.  

The thing is I would have waived 100% late fee if they had called me and explain and asked for it since it is the first time. .But they never did.I need to do frequent inspections and take pictures You are right about follow through ...if not it does not mean a thing.

Right now capital raisers are frequent part of the deal sponsor teams.

Trust me, I talk to them frequently...

If it's a 1 percent rule I would be skeptical.