So if I had to pick just 1 thing as "the" biggest thing in Commercial space to monitor for determining biggest impactors to market prices for MFH, without doubt it's COST OF CAPITAL. 

Whenever I speak to a group of students interested in real estate, I always stress the importance of networking and simply asking people to coffee.

Having a consultant who has worked with the agencies before is a huge plus.Alongside the developer, creating a defined site plan is needed to determine the improvement & infrastructure cost. 

Some of the comments above are simply ignorant to what lenders allow and don't.  501c3 falls in the same area as non-recourse loans for the most part. 

Ended off just simply putting a carpet over it.

Additionally, as long as you put 20% down, it typically keeps you safe in terms of cash flow, and then you simply have a couple dozen houses with tenants paying off your mortgages.

I have consulted with a few attorneys over the past couple years regarding this and have determined that for my own personal situation, umbrella insurance provides sufficient risk mitigation for my situation at this time.

. - What systems/software do you recommend to use to determine the markets to invest/buy into?

But end of the day you simply have to make a choice and hopefully do the best you can choosing wisely what works for your personal situation and personality.The Norada thread was a perfect example of investors all over the map on how they react when a note payment is missed ..

The question that I'm mulling over is, "Do I step in to fill that need, since I have the property management experience and contacts prior, or do I simply pursue investing and manage my own properties?"