Expenses that may result in a betterment to your property include expenses for fixing a pre-existing defect or condition, enlarging or expanding your property, or increasing the capacity, strength, or quality of your property.Restoration.

I get that America has some signs of economic health and strength, but I also see some vulnerabilities.

It usually depends upon deal particulars, loan amount, ltv, strength of project, strength of borrower, etc.Just my .02

Though I acknowledge the strength of your scenario re: cash on cash returns, if in that year that you held it (forgetting about selling costs, as you suggest) the market leveled off, now inflation is beating you down by -2% and all the money you paid to the bank goes to interest, not principal.

I'm confident I have a solid set of skills and strengths to bring to this arena, but I have plenty to learn and I don't yet know what my next steps should be.

Central Bank and Arvest are pretty good at lending on multi family units here in Kansas City but it depends, of course, on location and strength of the buyer. 

However, I am willing to consider other areas based on the strength of the opportunity.

If a family is moving in and the application is being based on the credit/financial strength of one of the adults, we charge a single fee.  

., it was inevitable the volume would grow as the relative wealth/strength of other nations/nationals/business increased.

If you post some details on the deal - rent, capital needed and expected timeframe, owner's timeframe on holding and your financial strength, etc. - I bet some folks will chime in.Mike