I'm looking to pickup some multifamily real estate but the barrier to entry is crazy in my local market.

Networking with other local investors or joining a real estate meetup can also help you find great lenders, property managers, and contractors.

In any case, I thing your investment are pretty solid and should earn you something between a decent return all the way to a spectacular return depending on the local economic situation.  

@Mitchel Johnson Welcome to BP and I wish you the best in investing..Usually people start by going to local meetups and building a network of trusted people to get their feet wetHere is an examplehttps://www.meetup.com/find/?

Next piece of advice is shop this deal around with someone through the forums or local real estate groups (google for your area). 

I put my money where my mouth is on this.We lend our own hard-earned money to local real estate investors.

Would real estate prices in certain regions rise rapidly due to demand from both local and international buyers? 

You might check with a local attorney on this.In NY where I am, the period is 10 years.

So we restricted local landlords who rent to families, and soon the town will experience the very real repercussion of no one wanting to rent to families and professionals.

Hope to see you around in local real estate events.