My chief complaint is the lack of communication and an actual project management plan... thats good news I know some lenders get pretty concerned when construction is so slow.. but sounds like a great deal and I know RTR will be there every step for you guys.. did not realize they were the conduit for this transaction.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

Each lender can use their own methods of qualification on commercial properties, and most look mostly at the asset (with the exception of your FICO, experience level and reserves). 

For example, we've recently taken over marketing internally because the property management company was not experienced enough in using the newer advertising methods we need to pursue.

Also seems like a lot of MF sells occupied with tenants in place so you just have to comfortable with that and contracting up from and seeing inside after contracting.    1st step is to find a great lender and get pre-approved for a loan so you know what your budget is. 

Real estate investing is all about learning, networking, and taking that first step when the time is right.What strategies or markets are you currently researching?

Steps to follow?

I negotiated by being honest and transparent about every step in the process.

I take a methodical and pragmatic work approach. 

As landlords or property managers, what has been your experience with these two methods?