getting started in small apartment investing

[Ki Lee]

I have fairly limited experience in RE investing. I do have 2 rental properties (1 SFR and 1 triplex) that I have owned for the past 10 years, but I didn't really manage the PM for the most part, and it's not until recently that I decided to get a little more serious about REI. Even though both properties are being run sub-optimally, they have appreciated in value where I'm considering doing 1031 exchange for both. I was thinking about doing another 3-4 units, but several experienced members suggested going the small apartment route for the available capital that I have. Some of the challenges I face are - how to find the deals/how to analyze and evaluate the deals, and qualifying for a commercial loan. I'm thinking of doing 10-30 unit apartment in class B-/C+ neighborhoods in class C buildings.

What is the best way to learn how to find and analyze the deals?  Any books/videos/podcast/articles? Also, where are some of the markets that you guys like for this type of properties? Any recommendations for a solid Commercial broker and lender would be appreciated.  

[Greg Dickerson]

Check out https://joefairless.com/ he has the best book on the market about apartment investing and syndication. Also his podcast and other info the site are top notch as well. Educate yourself then go as big as you can with the resources you have available.