Does the bank take into consideration the income from the other units?

Do they set up and pay for water, trash, garbage or does the landlord take those on?

And start the tedious process of building those relationships.Or you could skip all that and find a mentor that also has the community of likeminded people.It will take you less time but is likely going to require an up front investment.Btw have you done a deal yet or would this be your first?

Thank you for taking the time to provide the details and the pro forma #'s. 

What are the best steps to take when getting started? 

And who is taking care of the landscaping/snow removal? 

The quicker you can take action on the high dollar value decsions the quicker you will be able to grow.For sure take the time to setup the right foundation, but keeping it simple and easy when you are getting going is a safe bet!

It’s a long-term game, so don’t feel rushed—take it one step at a time!

Highlighting the strong profit potential and taking measures to address any concerns about costs, scope, or holding risks will make this an even stronger pitch.

Most importantly, go take action and make it happen.