I bought a $6m property that I'd expect at least $60k/month of rent roll. 

The drum roll, please...Appraisal $126,000.00I am still working through my numbers and if I can find a few minutes, I am going to post them.

Well @Jason Graves, Personally i wouldn't pay for asset management, that would be my roll. of course if for some reason you don't have 2-4 hours a week to deal with it then perhaps you could out source it.  

He sent a relative to the house to try to make contact with the tenants after a cease and desist letter was sent to him from my attorney. 

After the construction is complete, the lender will roll you into a traditional loan product in order to give you time to stabilize the apartments.

I took out a 55k personal loan and then things started to roll.

I took out a 55k personal loan and then things started to roll.

It was a bit of a slow start but once I got the ball rolling things started to come along quite nicely.

There is this saying that keeps rolling around in my head, " never give a sucker a break", but to each their own.

Roll your money into an apartment building.