Not 100% but we were doing that pre '08', and it was based off our model not drawn from anyone else. 

Very eager to learn, really looking to learn how to make deals in this current market.

Starting with a smaller property or a few fix-and-flip projects can help you build equity, gain credibility with lenders, and better understand the process before scaling up.Securing funding for larger projects can be challenging without prior experience, but options like hard money loans might be worth exploring.

Trying to understand what multi family rentals are and learning how I can invest or convince myself to invest into it or learn more on this topic to understand this is not my path.

@Ming Huang Based on the numbers you've shared, I would advise against the deal, unless you can negotiate the purchase price down and/or rent it for at least $1,150.

This is the perfect place to learn.

I needed something small to learn from and for my mother How did you find this deal and how did you negotiate it?

Take time to learn through military-focused resources like Military House Hacking or Active Duty Passive Income, and connect with other military investors online or on base.

Tax credit 45L for a 90 unit or 112 unit project? 

I am here to learn as much as I can as well as network with experienced investors.