Like if we have a $200k refinance we could take that money as income without the tax hit and as long as the debt service is covered by the rental amount we would be covered. 

Quote from @Devin James: @Jay Hinrichs Developments are definitely BIG money makers, but thats also reflected with the risk associated.That's why these projects take so much time and capital, but if you make the right judgements for project selection, and do all your due diligence, it'll turn out well. my 90 home project in Oregon  started it as dirt before covid .. got 1st phase built then covid hit.. had to fight through lumber sky rocketing and other material shortages and the of course interest rate spikes.. but the project ( and I give credit to my Wife and my GC's attention to detail) has sold Very well for record prices and profits .. its de risked now 22 lots left 13 are presold with big non refundable deposits and only 9 lots left that have no debt..

If you find a "OK" deal, swing and take the base hit. 

Our goal is to complete 2-3 fix and flips per year, and at 3 per year, a time frame of 4 months would let us hit that goal.MARKETING PLAN Finding Deals Wholesalers Direct Mail MLS Bandit Signs Selling MLS Bigger Pockets CraigslistFINANCING Equity Partners Private Money Hard Money Lenders Conventional Financing Capital Earned from Completed DealsHOW TO DO THE DEALS We will locate and purchase undervalued properties through the use of our marketing strategies.

Once they are hit with an eviction, fire, or mold they regret their decisions.

I've done a bunch of rehab in Cincinnati so hit me up if you any questions. 

@Lisa FortuneClayton hit the nail on the head.

But we’re hit particularly hard here.”Thecity’s own policies contributed to the current financial crisis inthe affordable housing system.

Just a heads up.So you calculated out you need  $6 million worth of apartments to hit your goal.A commercial loan may require 20% to 30% down in cash, cash reserves, working capital, and closing costs.You will also need earnest money cash.The lender may also require certain repairs to be done Shortly after the loan is made.The lender may also require the Property to be stabilized as far as occupancy percentage is concerned, leaving little on the bone as far as sweat equity.Good Luck!

Hit up Zach Edelman with Easy Street Capital