While cap rates have risen, you are still seeing groups buying in the low to mid 5%s for 70's-90's product.  

(And that's coming from someone who was in product software management for 15 years. 

I'd find a mortgage broker who understands your strategy well enough to advise on products designed to help you scale. 

Anyone investing in a product new to them is never going to have perfect knowledge going in; extensive knowledge is accumulated over time, and, well, if you wait for perfect knowledge you’ll never invest.  

If there are significant developments planned in the area, such as big companies opening, new apartment complexes, hospitals, or malls, it could actually be a brilliant idea to buy properties, even if there’s currently no cash flow.Just something to think about before dismissing it as a poor investment to hold onto.

They are definitely that type - their excuses are always poorly-reasoned, convenient, and kind of dismissive to be honest.

Aloha,Poorly maintained tanks, and especially tanks in an environment that creates excessive condensation on the exterior of the tank, often drip onto the floor, damaging floorcoverings and underlying typical subfloors or hardwood flooring.

Well I believe that the incoming administration will in the first few week find ways to reduce regulation and increase domestic energy production.  

If the numbers work, why take a chance on a product that has a balloon payment?

I would keep and hold it for the long term, unless you can deploy that money in a much more productive investment.