As I'm sure you know, especially when you're getting started out, having the right team members in place will help to round out any knowledge/experience items that you may need support on.

I'd focus on 150,000 sq ft and up deals so you get the densities you need. we just proposed 84 units on a lot that is 4500 square feet in Columbus Ohio with reduction in parking from 111 cars to 0 and we will lease off site parking. shift parking off site to save money on garages or push it into public garages. if the numbers work build structured parking which most the time they do it just depends on the deal size. if you want to sell to institutional investors you need at least 100 units in my opinion but the sweet spot is like 150+. in downtown columbus our market you can get about downtown unlimited height land for 1.5 million an acre.

There's no sense trying to fit a square peg in a round hole.

It is not an issue if you are adding more square feet for your personal preference, but I would not expect an ARV that is as high. 

You could even offer a lease option for when they're back on their feet... get creative and generous!

At real estate meetings, seminars, workshops, round tables, etc., communicate with professionals.

@Ben BolingbrokeI would tend to spend my 30k on a new TPO roof or marketing to find deals, however, I think if you can get going on MF investing then 30k is an insignificant rounding error.

definitely would agree with John + Bree that light rehabs are recommended for first time investors that are just starting out so you can slowly dip your feet into the water and get a better idea of comps and what needs to be done. 

We stay booked year round, but heavier in the summer.My 2 cents,Mike

Most private lenders on here are seeing plenty of inventory including ourselvesI want to start with $125K just to get my feet wet.