10-Unit Apartment Investing

[Hai G.]

Hi BP, 

I'm currently looking at a 10-unit apartment building with value-add opportunity. I'm fairly familiar with the economics, purchase process, and requirements of SFH and smaller multifamily (less than 5 units), but not so for 5+ properties that are considered commercial. Many other resources I read focus on bigger complexes. What are some tips for getting started and things to look for in the entire process? Would be especially interested in learning about rough ballpark figures for terms of bank loans as well.

Thanks!

Hai