If you can find good larger MF projects further out than you can manage that is good! 

In an apartment complex or other commercial property it is much easier to deploy larger chunks of money and get it working faster.  

Feel free to inquire about their staff qualifications if it's a larger organization.2.

As MFH is dropping there shorts to get and keep full occupancy, offering every spif imaginable, larger units are to accommodate families of size or multi-gen living is a rare inventory. 

I'd recommend an investor be liquid 75k - 100k to make sure they can get this done and have a cushion, cause as we know you always need a cushion.

Hi Paige, yes I have, if he has experience and liquidity that should be no problem.

You'll have to ditch the seller financing and have skin in the game.Freddie also requires that borrowers meet minimum financial strength requirements (IE - liquid assets equal to 9 month's P&I [bare minimum], net worth greater than or equal to loan amount [bare minimum], FICO>=680). 

The larger the purchase price the greater the spread you need between purchase price plus holding costs plus rehab cost and ARV.  40k projected profit on a 600k project is too skinny for me. 

If you buy junkers and fix them up, you can make much larger returns. 

Depending on your down payment (which it seems like you have a good amount of liquid for that) they can nicely cash flow.Ultimately, success in real estate investing comes down to choosing a growing market, investing in a good neighborhood, and building a strong team to support you.