We are specifically interested in multifamily properties (2-5 units). 

They have lots of options for you, depending on your budget.

Where specifically in this area you are looking to invest? 

That property looks fantastic actually, I think sorting out the budget would be our biggest challenge.

Set a specific goal, then work towards it.1.

Any HML will want answers to those questions plus a rehab budget before getting you a term sheet for a fix n flip loan for this property.I close these types of loans all the time, if you have any specific questions about the process don't hesitate to reach out.

There are a lot of market-specific issues you'll have to grapple with and also, there are plenty of landmines in MFR on its own in CT that you'll have to be ready for, in addition to the nuances and complexities of developing something like this.

Some people are able to save money and budget and others are not really good at it.

It would help if you could be a little more specific about what you want to learn.1.

This is where I would focus, as these are the same attributes that attracted those responsible for the larger projects like the Bellweather District you mentioned in your initial post.With your budget I would recommend NW Philadelphia (Germantown and Mount Airy in particular).