Hahaha I love the ideas but the lot is some type of dirt business with a bunch of  dump trucks and heavy machinery parked inside of the lot with lots of dump trucks coming in in an out all the times.

However, there will most likely be a room full of sophisticated and accredited investors.Do you need passive investors to provide capital for you to help you buy deals in your syndications like @Jay Hinrichs said?

@Walter Ciucevich There are lot of sophisticated ways to evaluate multi family properties.

For a few hundred bucks, hotel & air fare... you can immerse yourself in a pool of hundreds of sophisticated and accredited investors.Step #2- Follow up with all the people you met and strengthen the relationship you started. 

Jake, we work with both very sophisticated corporate investors and new ones...primarily on the sourcing and acquisition side but also to provide repair and renovation and leasing and management. 

So in all cases but one the spread is greater than 3%, and in that case (using higher-interest bridge debt) we plan to refinance into lower cost debt by year 3 which will then create a spread in excess of 3%.Unfortunately buying commercial income property (includes multifamily) requires very sophisticated financial analysis and there are no shortcuts or rules of thumb that will give you the complete picture. 

Pre made analyzer spreadsheetI started to put together an Excel spreadsheet with some fairly sophisticated ideas in mind.

I have several clients and investors in my network who are very sophisticated.

While a lot of syndicators offer investments to accredited investors only, there're still deals out there that allow up to 35 sophisticated investors based on the Rule 506 (b).

Sophisticated buyers -- who usually offer best price and terms -- will label you as unrealistic.