Most agency lenders, Fannie/Freddie have been asking for 65%, knowing that there was problems on the horizon.You need to ask yourself where do you feel comfortable with debt levelsGino

My good experiences come from the knowledge I've gained and the initial support I received from RTR.

@Mary Lopez I recommend most investors skip multifamily properties that don't qualify for agency (Fannie/Freddie) or HUD financing. 

a lot of new investors pick the cheapest markets in the country regardless of how far away they are, and how much knowledge they have of them, and I think that's a huge mistake. 

Because there is so many novices who jump into STR without the skill, knowledge, ability to actually operate it and rapidly are bleeding-out.

I believe this comes from a lack of knowledge about how their businesses should be run.

We have taken a few real estate classes and read countless books to grow our financial knowledge.

Start by connecting with a knowledgeable real estate agent, property manager, and contractors.

I would just ask lots of questions and determine your advantages (time, money, knowledge, etc.) before deciding on an investment strategy.  

I know what the rents should be for each of the units (2 vacant and 1 significantly under market), the taxes are listed on the MLS, I’m familiar with the water/sewer costs in close proximity to this building, and I know what percentage to use for my Vacancy, CapEx, and repairs and maintenance based on my knowledge of the local market.