Gap funding or junior position funding is highly risky. your team has no real money in the deal..

Cities don't play fair when they decide to go after you.One thing I would also suggest you do is look on AirBnB for the specific building you want to buy in. 

You are right about the risk that comes with the holding period but in my opinion sometimes you have to take the risk and make sure the profit that you generate is higher than the costs that you paid by holding the deal for a specific amount of time.

@Alex V. you've got some good responses above but this specific forum is more for residential stuff. 

The best part is that you are making a positive impact on your providing housing for those who would not be able to afford living in said neighborhood.Managing the property and members are things the entire PadSplit team is good at.

You can find them through local real estate investment groups or online platforms.Auction or Estate Sale: If the property has unique characteristics, especially being a large, old Victorian, it might attract specific buyers looking for such properties.

The biggest challenge is finding a team you can trust that will run the business for you because its not passive at all. 

@Bob AveryLike Wale stated I would go to MNREIA meetings to further your education and expand your team. 

But I did not want to give specific examples with no context on a location for her. 

Watched some You tube videos about some ways, specifically creating a property LLC with WY LLC being a member manager LLC for the property LLC.