@Eric Gerakos, Mexico is no third world country anymore and you'd be surprised how many Americans own real estate there and live there too, from middle class people to the billionaires and they've been making money hand over fist.

Either a fixed fee or the fist month rent.

Otherwise you get bumped over to a pure comm style loan.

Hey Josh - nice bumping into you again and thanks for the heads up on that!

The most successful loans are those that do not procrastinate and get the appraisers In ASAP so you can get over any unexpected bump in the underwriting process.

Try calling within a few minutes of their response while the interest is still fresh, sometimes that alone bumps it closer to 50–60%.

I've seen how a $30K kitchen and $10K bathroom renovation might only yield a $200/month rent bump.

Move on to a deal that doesn’t require you to bump up or out to add square footage, especially one where the conversion takes away from essential parts of the home.

I describe the bump from residential to commercial as like going from high school to college.

I tend to do decent sized but nothing crazy rent bumps until the inherited tenants are up to market rents to avoid having a bunch of vacancies right after closing, especially if the units need rehabbed.