Unless your team can put in 10% of the total money raised, you will have trouble obtaining financing. 

Basically 75% of the total rents need to cover all the bills.

My in-laws loaned us the total purchase price minus $5,000 on a 3% interest rate.

Maybe there's an angle for seller financing or some other creative approach to get the seller the total return they want over time, but it's hard to say without actual facts and data.

I looked at the rental trend over the past 10 years, I should be fine in year 7 for the refinance unless rates are totally out of this world.Your right those rents would be really low for Stamford. 

It gives you a total livability score as well. https://www.areavibes.com/

I think this totally depends on the investor and how many projects they are doing in a given year.

As you begin you REI journey here is a piece of advicecheck out this website for a great over view of a city https://www.areavibes.com/This website gives you a total livability score and you can see things like crime rate, housing, walking score and more.Best of luck!

It’s totally normal to feel overwhelmed when starting out, but it’s great that you’ve been saving and reading up on investing.

For REP status federally, you must meet two requirements: work 750+ hours in real estate activities and spend more than 50% of your total working hours on these activities during the tax year.