I emailed him several questions the day before and confirmed that he received all the questions with him via email... he had plenty of time to get the answers... he said that all my questions will be answered during his presentation... well I was VERY disappointed.

You can never be too excited, until after you leave the closing and you have your money, and you can never be too disappointed just because one investor doesn't feel you have a good deal on your hands...Like Rehab702 said, just move on to another investor.P.S.

You could use the same thoughts for a personal purchase too, but you are likely setting yourself up for disappointment if you don't get it.

You should very well be able to incorporate a holding company whose sole asset is an apartment complex, this is done all the time on either side of the 49th.As for the "crappy five year term", I'm sure if you asked your bank for one, they'd do their best {not} to disappoint ;-)

@Jen Boyd  Good morning Jen  - It's disappointing to see your troubles and I get exactly where you are coming from.  

In doing my research, I'm so-so on the Memphis market, but like some of the turnkey providers there with a long track record of credibility, trustworthiness and not disappointing investors, which is #1 in my mind.Some of the concerns I've read, but I understand may be skewed as I haven't read as much regarding other markets are: 1 - Difficulty finding tenants without financial judgement against them from PMs?

As for your comments about what you want to buy, I think you will be disappointed in what is available for $200k in the multifamily market.

That is disappointing to hear. 

@Janelle Scruggs  That is disappointing.  

So many times clients call me about a property they saw on Zillow only to be very disappointed to find it's been pending for DAYS or even WEEKS!