People can't afford LA or Santa Clarita so naturally they would keep going.

Loan product wasn’t a fit for my mix use project because they don’t lend on the commercial component which impacted leverage too much.

You have to be ready for setbacks (and a lot of them) along the way: be it lost shipments, faulty products or unexpected costs. 

great product but very little profit for the work that was put into it.

Anything 5+ would be considered commercial in nature.  

Naturally the other benefit is owing less principle. 

I have been a long term landlord but have never dealt with insurance companies or contactors (lucky me).There was a natural disaster to my rental home in Texas and the insurance company came out with the adjuster and gave me the amount they think that will cover the damage.All 3 bidding contractors said the amount is too low and if they get the contract, they will put in supplemental claim later on.

How much of the rental income they count depends on the lender and the loan product, but typically they’ll use somewhere around 70–75% of the documented rental income to offset the mortgage.

It is either cheap and will not last or they are over charging you for inferior product. 

Has stopped countless scammers - but probably turned off a few good natured people.