If lions only make half kills, they will never have the strength to get a full belly and they will always be hungry.

That means this is a more valuable building because there's "juice" to squeeze via unit rehabs and rent increases.What have similar properties (50+ units) sold for in your area?

I would guess $1.5M in midwest/cheaper markets would do it, double to $3M in moderately expensive markets that appreciate nicely.I had about $2M invested to reach $10k per month net, but I started buying 15 years ago, 90% off-market, belly to belly with sellers that were at least moderately motivated. 

Marketing is important but real estate isn't marketing, it's not a numbers game like selling cars, you need to know your market, identify the belly of the beast because.....that's right, every deal is unique!  

So, after the first week of showing of the apartment, we realized the prospective tenants who were willing to rent it as is (clean carpet, not very worn, but with some juice, coffee, and pen marker stains) were the least desirables.  

While the others ring a bell, I can't recall, it's been awhile since I was reading such materials and taught.I can't help you with True Stories as I never read any, to busy doing my own thing to read about fluff stuff.

If you jump in the second you have just enough for the down payment, you'll risk going belly up at the first bump in the road and you certainly can't count of the refinance until it's said and done. 

Did you know that the amount of fat in your body is determined when you were in your mama’s belly?

You may have roots in the line causing the backup or a belly in the line.

"Is the juice worth the squeeze" in other words.