Find out if the bank has an appetite for this sort of thing.

If you have a litle higher risk appetite and are strong operationally or have a good pm, you may be able to get away with some C- neighborhoods.

I would lookmore at your appetite for risk as offering memorandums are not a guarantee of return in most instances and if you look at the underlying risk you might be willing to go with someone with experience but not as "reputable" as others for less risk on the back end and lower downside to downturns in market.

Once you have a total for your living expenses, you can then subtract that number from the total rental income you expect to receive from your properties.It's worth noting that there are other factors that could affect your decision, such as the number of properties you own, the stability of the rental market and your risk appetite, so it's not just about the net income but also the overall financial stability and cash flow.It's always important to have a financial plan and consult with a financial professional to evaluate your situation and guide you in making the right decision.

Probably capped at 70-75% max LTV as well, where banks might get to 80% depending on their appetite for your particular property.Hope this helps!

Loan        Downpayment 0%, SBA 10%, 25% collateral, 40% collateral, VA, FHA,         Source of funds:  SBA, Credit union, Bank, VA/FHA, Farm Credit, Credit Union, Hard Money.Deal SizeRealtorsLawyersSurveysTitle company or Title insuranceUtilities:    Electric    Plumbing     Sewer     Storm Ponds     Storm Drains     Water      Fire Hydrants      Fire suppression      Fire extinguishersParkingDrivewaysZoning    SetbacksHOACovenantsRoofGuttersSidingDoors/WindowsHVACPlumbingFlooringFoundationSidewalksDrivewayLandscapingLegal entity    Individual     LLC      Corporation     S Corp     PartnershipInsuranceProperty TaxesOnce you have this added to your spreadsheet, move around as needed. 

Start to get a feel for who has money to deploy and who has an appetite for investing with you.

PM me (include your email address) and I will make some introductions to banks we know have an appetite for multifamily.

Different lenders have different layovers/risk appetites.

What's the current appetite of State Farm with Single families and multi family?