My suggestion is to find some real estate industry surveys (via CBRE or others) and look for the MF cap rates in various cities/states/regions.

I will move forward with my journey and just follow the positive people in this group that is amazing.I get the Ra RA Ra stuff.. just sometimes reality comes into play.. and its sad to see people run down these rabbit holes.. when those with decades of experience in the industry know better.. just trying to give both sides..   

If any one can recommend a good REI focused lawyer or a building engineer to do a building survey then please let me know! 

Build a fantastic team around you. 

Multifamily is all about relationships, and it sounds like you’re building the right foundation.

I personally like the buy-and-hold strategy and we help clients who share this long-term, wealth building mindset. 

They build up the deposit over time 

I guess they have more land to build there so it might reduce the appreciation there?

I’m curious what rates look like these days for a commercial apartment building around 1.5M.If any lenders could chime in or investors who have seen recent rates please share!!

Make sure they clarify what type of tenant for a specific building you are looking into.