So as you move down in price point, competition increases or if the deal gets closer to cash flow with lower down payments.

The fact that you've raised over $170 million and have passive investments in $1.6 billion of assets speaks volumes about the quality of your team and your approach to real estate.If you’re looking to finance future acquisitions, I'd be happy to get you some very competitive bids on financing...I'd love to learn more about your investment philosophy and how you approach large multifamily projects.

I know it is a very competitive market as well, but if you want to build something sustainable you will need:1) Sources to send you options. 

There seems to be some lack of knowledge on the owners' part come to think about it.

The ONLY way for these syndicators to win every deal is by paying way over the competition.

Hence, your lack of comparisons. 

The part that seems to continuously get people (unfortunately, and for lack of better words) is the "no evictions, no bankruptcy, and no more than 6 non-medical collections." 

Excellent market but competition is fierce.

Seems like all 3 markets are competitive, with Louisville being slightly cheaper than the other 2 markets I mentioned. 

Sure, Nashville is a great city - but it is also very competitive.