Close to the property are several apartment complexes, ranging from old and subsidised, to erected within the last few years.

I think I may have found a way for multifamily investors, property managers, and apartment complex investors to capitalize on their tenant's monthly utility bills such as internet, electricity, phone, etc...

LIFO means that the last tenant/unit to move into your complex would be the first one mandatory to move out (not necessarily the unit that you want).

My understanding is that it is a lot better than Massachusetts, for example, in terms of landlord tenant laws.Good deals are pretty hard to come by for most property types these days, but on a per unit basis you’re probably going to do better with a multi family then a condominium only because with a multi family you’re just competing with other investors to buy it, while with a condominium you’e also competing with owner occupants.Areas (specific neighborhoods) are a big topic and it’s hard to summarize the entirety of a market in a short forum post.

I close complex financing deals for a living so a part of me wonders if I could pull this off myself, so I am looking for someone who can truly add value in the negotiation and closing process (since I found the property myself).

Over 5 years this would net me $7,900 assuming no rent increased, or big expense changes.My goal is to grow my portfolio as fast as possible, and eventually get into apartment complex & storage investing.

The lender I work with the most generally puts out terms of 12% I/O for 2 years, 4 points to him, 1 point penalty for early payoff (less than a year), plus a due diligence fee to be paid upfront (amount depends on size of the loan and complexity of the deal). 

This brings to mind a funny story he told about a surgeon living in one of his complexes.

When buying an apartment complex.

If you don't have a rich relative, the nature of this project requires a complex solution.