Our offices in the brokerage were set up for 2 people, and the other broker in my office had just quit.  

In one of my recent projects, I took what was technically a 2-bedroom and reworked it into a 1-bed plus a 7x8 home office, using the rest of that second bedroom to create a walk-in closet.

The market is always in flux and based on current supply & demand which is affected by current mortgage rates & other macroeconomic conditions and supply available at the moment.I would not recommend waiving your inspection unless you are an experienced investor.

The reason I did is because I had people coming into my office looking for management services for properties they just bought through a less than honest Realtor who said they knew STR's but ended up selling them an illegally zoned property or something that will not perform well based on a variety of factors and they could have done much better.

my firm does foreign national loans all the time. it's not an issue. any loan officers you talk to that are confused by that are not well informed. you're looking at an LTV reduction and a slight increase in rate maybe, but it can easily be done.

Having a legal occupancy alone isn’t always enough for appraisers or lenders.In our situation, the mortgage officer/broker went the extra mile and got a letter from the City Zoning Department.

Brant,Have you thought about getting your real estate license versus being a loan officer? 

my wife and I have small positions with Bam and have also met in person with Ivan at his office in Indy..

As far as the markets go, things are moving quickly due to the backlog of buyers but my data suggests that supply will slowly start to creep upward as we get out of the summer and into the fall and hopefully as supply increases prices will deflate from the over inflated numbers we have been seeing over the last years or so. 

Most will already have a network of pre-approved buyers who need deals, so those top notch loan officers should be connected with real, serious end buyers.