How to finance my first apartment complex?

[Jordan Getman]

I am active military that has been slowly investing in real estate for the past 8 years I now own 3 homes and 1 lot/land property in 3 states. I am retiring in about 5-8 years and need another source of income in addition to the military in order to avoid working for another retirement, and to do something I enjoy (managing my properties). So I am thinking about selling one of my properties with very high equity (approx 55-58% LTV) and using the 1031 exchange to make the down payment on an appartment complex. After everything is said and done I would profit approx $120K from the sale home (very conservative estimate), and purchase a 13 unit appartment for no more than $950K (Asking $1,125,000). And then use the $120K for a down payment.

I have read Brandon Turners 3 or 4 real estate books on managing, finding, and investing in real estate. This is where I got the idea, and started brain storming. 

My current problems are I do not yet have a business, do not have the net worth or income to qualify for the big bank loans. I have contacted 3 other banks and have only got 1 no from the 3 of them. I need some advice from the combined pockets members. Looking for advice on financing an appartment complex, I have explored seller financing and am looking into traditional bank fixed long term financing. Thanks you all for your advice in advance.