This is value add opportunity- rents had previously been under market value (450/month) and since acquiring the property and renovating it, the management team recently raised the rents to match market value in the area (525/month) The property is projected to generate over 25k of monthly income, a cash flow of almost 11k a month, and the annual cash on cash ROIis projected to be nearly 32% This would be my first large multi-unit apartment deal and I’m looking to either obtain a commercial loan for the property or (ideally) find private/hard money lender that would might also (eventually) serve as a partner/mentor/associate/eventual first to a smart, hardworking, and ambitious young real estate investor.

When they prove they know their stuff, I'll listen and keep listening...when they are clueless though I know not to bother wasting any more of anyone else's time because they'll eventually run out of marketing dollars and disappear.

Lenders are a dime a dozen, but if you do good work people will start to recognize it and eventually use you as a back-up lender.

It takes time - like, a lot of time, but eventually you'll start to get it.

Eventually, I will manage them myself.

PS - I am looking to scale up eventually.

I eventually want to own properties on a large scale and hopefully even own some apartments.

I want things to cash flow adequately now and appreciate eventually.  

I have found once I'm about ready I just start looking and eventually a deal comes up and causes action.

My experience has been that even if there is a shift in housing, even if it is as bad as the 2008 crash, that while house values may drop (and will eventually come back), people will still need to rent and as long as you are in a good market, and your properties are managed by a good team, you should continue to make cash flow.