I found a 'regional bank' that holds these loans in house.

@Erwin F.I got my HELOC from Regions bank and they did it on the primary with no closing costs.

. : )Mostly new developers with mom and pop tenants back filling at lower rents because the national and strong regionals who are experienced operators have passed on the developer's sites.Those tenants tend to get more picky on location, access, visibility, traffic counts, quality of the center construction, site layout flow,etc.Smart businesses know rent rate is not the only factor to consider.

Holy moly ... so much to learn and re learn and never learn.but short version is its all regional.. you cannot ask this question on a nation wide forumwhat works in one jurisdiction does not work in another. your best bet is to talk with a local civil engineer that does lot developemnts.. they will be the go to person.

Any comments on regionality for SS?

Welcome @Tabesteph Moliki, lots of people here from the region to network with. 

Please, if you are in the Atlanta regions reach out to me.

Multiple sources always helps to reach more consumers compared to just one website for state or region.

Expenses alone will run in the region of 50% ($1050)  meaning that after mortgage or opportunity value of equity his income must be negative.The reason his rents are low is because he is not operating as a business, it is simply a hobby for him to invest in rentals if he is not at market.

If the leasing side do you want to be a property manager that currently leases the center you run for your brokerage or be on the tenant rep side working with mom and pop,regional, and national tenants to find spaces?