They had found a niche in financing the small mill village style houses common in the Upstate. 

Create a detailed post or thread that outlines your past projects, what you've learned, and the returns you've achieved.

This is a great cash flow for our local market, and we are using a mix of STR and long-term rental to achieve the best results.

Politicians have been making idiotic housing policy - starting with rent control - for over a century.The idiots still don't understand that when you screw with a free market you get lots of unintended consequences - and many times you end up with the opposite effect of what you are trying to achieve - NYC is one shining example of this...Sigh

This type of financing will typically look very different and more like a traditional commercial real estate loan.That means a DSCR calculated based on a full NOI and expense load (so inclusive of vacancy loss estimates, credit loss estimates, repairs and maintenance, utilities, management fees and more – in addition to the property taxes and insurance expense that are the only expenses factored in on traditional residential style DSCR loan financing).Additionally, the DSCR minimums are generally going to be higher (typically up to 1.25x), the loan to value ratios lower (higher down payments) and underwrite more sophisticated (which makes sense considering the size and scope of the property).Many multifamily investors for properties of this size (such as more than 11 units) can syndicate capital and have more sophisticated financial and entity structures – its definitely a different world once you get up here in unit count.In Conclusion – when you are looking to invest in multifamily real estate and finance your investment – make sure you have the unit count in mind before you start shopping – the unit range can have a huge effect on your options.

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

It's a lofty goal, but I believe achievable.

It is a great brokerage and system, but it is the most "pyramid" style business in the real estate business.

Based on the data you provided, it's indeed not easy to achieve positive cash flow.

You have already achieved significant success.