It's a relationship type business played on a local field.Take inventory of you strengths and interests.

Strength in numbers, the greater the number of doors the more security in your investment. 

You are either building strength right now or finding out you do not have enough.

@Brian Garrett If you shine in all other categories except net worth, and the asset is solid, they may make an exception, but it could affect the strength of your terms.

I actually lol every single time I read this under experienceRegardless, the IRR is dependent on many factors including: purchase price, exit price (this factor is the biggest contributor to IRR), rent growth strength, ability to re-position, debt terms - LTV, rate, term, IO years, amortization yearsArticles you might find useful:The Inside Track to Vetting A Multifamily Deal SponsorDeal Screening Checklist for Passive Multifamily InvestorsFocus on developing relationships with the right syndicators (full disclosure: I am one) with the right background/experience working with the right teams. 

When I was struggling to find the next best move and looking at his last move, he said "beginner players let stronger players lead them around the board because they don't understand the strength of their own position."

My name is Bill Capper, and I am a certified strength and conditioning specialist with a large network. 

Bottom line is that I think that it is important to define what you are looking for, determine your own strengths and have all your ducks in a row thinking before you start throwing out numbers in the millions.

If you'd like to catch up off line about what I found to be their strengths, I'd be happy to share my thoughts. 

I understand this advice depends on strengths, weaknesses, goals, etc.