I would highly recommend @River Sava over there, she's great. 

You would need an extremely high grossing property under market value on a something like a 5 year lease to profit, and you probably will not profit after startup costs until Year 2 or 3.Do not even think of trying it with 1/2 bedroom apartments or condos nor 2/3 bedroom homes. 

New full size high end stainless appliances that include a mounted microwave and dishwasher as well as new fixtures.

Quote from @TJ Dittmar: @Jaycee Greene not quite that high I'm seeing comps in that area averaging $1300@TJ Dittmar, got it.

For instance, the area closest to Disney is actually less saturated and has many homes that can be renovated to a high standard and will book well.A bit further from Disney, in newer communities such as Solara, Windsor at Westside, Windsor Island and others, you can find deals in this market.

IE - these are highly experienced borrowers with prior debt brokerage experience and a full in-house team dedicated to shopping debt for them.

The key is to standardize property quality and management systems, which would appeal to buyers seeking scale.If you’re thinking long-term, holding these properties for cash flow while leveraging local appreciation is also a strong play.

We have been doing this constantly in Boise as we are such a high appreication market, but still more cost effective than CA.

Lots of factors, but deciding factor was what what Torren described (waterfall highly favorable to GP).

To raise capital, focus on building a strong investment thesis, leveraging your track record, and networking with high-net-worth investors or experienced GPs.