Buildings look to be in good shape with 10+ cap rate ,all the financials looks great and I would be hiring a property manager to manage the property but me being from out of town wanted to get a general feeling for those area and the type of experience you guys have had or any other cities that's with looting into in Connecticut .

Does it make sense to go the traditional path until you get capped at a specific number of properties and then switch to a portfolio lender (just given the more favorable terms most likely with conventional)?  

Looking at deals with $200-$250 per door, after PITI, Cap ex, Vacancy, etc... 

I'm curious, what Cap Rate should I target for perspective units?

After this deal is complete, I would have a property that the cap ex would be low for many years to come and I may be able to 1031 or something along those lines into something larger. 

What is a typical cap rate where you are?

You can get them, but usually not from your neighborhood residential mortgage broker.For your second question: Loan-To-Value ratios cap out for ordinary loans around the 75% - 80% range.  

OR would you keep looking for a good, rent ready, B multi-family property with a ~8 cap?

Know how to be able to work out a cap rate, and net-income, not Gross.

Oh, crap crap cap!