Networking is key, so connect with local investors and lenders who specialize in multifamily deals.

@Michael VelezThe best thing you can do is join a local real estate investing club.

@Jay Hinrichs 100% these can work differently depending on your state laws.

if you have proper team you can self manage. are you local to the area?

Self management works if you are local and can separate emotion from business.

Found the deal when my local realtor referred it to me.

There won't be a lot you can do, but I am not familiar with the tenant laws in NM.

Tenant covenants and agrees to pay interest at the maximum lawful rate or eighteen percent (18%) interest, whichever is less, compounded annually, on all unpaid Rent, damages, and other amounts owed by Tenant, excluding late fees, from that date of Landlord’s final accounting until such time Tenant pays all such outstanding amounts.

Local Agent - just created a relationship!

Otherwise, just go through all the local/regional banks.