You also need to be able to rely on project management skills to manage the project to stay on track.

I would probably focus on three things.  1) filling the vacancy for as close to the old rent as possible (to help with refinancing or selling 2) refinance it and talk to a few different banks/brokers.  3) If all else fails, list it and 1031 into another project. 

I'm a project manager by career, so I know with proper preparation, anything can be successful.  

When analyzing potential investment opportunities, one thing you can't afford to overlook is projecting those sweet returns.

Did you capitalize that pool yourself or is that a school project type thing?

Hey BP,I posted a little about this project in another thread but wanted to post an update here.

Once you get a flavor for lending options you should run a proforma and determine how much return the project will be able to generate on its's own and how much return will be left for LP investors if you go the syndication route.

The flexibility, speed, and personalized approach make private money lending a go-to for real estate investors, especially for projects that require quick decisions or more creative solutions.

Investors typically want detailed financials and an agent can help you put together all these docs like rental history, expense reports, potential ROI projections, etc.

The reason for this is the condo project it underwritten just as hard if not harder then you are.