Was it unit count, geography, or complexity that pushed the decision?

The workflow isn't turnkey yet for most markets, but for investors targeting specific geographies, it's worth building.

All adjusted based on geography, specialty, location etc. 

Jim, if there's something there that I might be able to address within the geography that I cover, please let me know. 

That could be based on hold period, geography, operator type, ownership concentration, or any other factors that suggest a conversation is worth starting.Second, it layers in the context around that target.

Will there be variances between geography?

With a 1031 clock running, the bigger question is less about geography and more about whether you want operational intensity (STRs) or durability and financeability.

Jeremy nailed the geography piece.

Though I'm based in northern California, I'm staying flexible on geography while I learn and evaluate what makes sense long term.

First pass is automated — we're filtering on rate, UPB, geography, and delinquency status.