I imagine the only way it would be possible is to do the bulk purchase in cash, sell off a couple and then put debt on them?

I absolutely prefer renewals.

That's why I prefer absolute dollar appreciation rather than percent.   

Quote from @Rio Nance: Couple things:1.

I have tried a couple and didn't think they were very helpful.   

Go to a couple of real estate investor meetups and make connections.

First of all, my personal credit was a very good at 735 midscore. 100% financed tidied it up just a little bit more with  just cleaning up a couple of things on my credit.

Mitch Stephen out of San Antonio has had 4 called due in the last couple of months.

Also, in a mainstream asset class like value-added multifamily, I see no reason to take a risk on a sponsor that doesn't have full real estate cycle experience or that lost anything more than a small amount of money (and prefer no money lost).

I assume you got a better interest rate, and I know you are saving a boatload of interest. 3) imagine year 11-30 where you are cash flowing thousands with paid off properties instead of hundreds because of these lean 10 years. 4) hopefully you can raise rents at least $100 each every year and in 2 years your cash flow neutral even with preferred short term mortgage.