@Eamon Conheady - was the other lender a company or a private individual? 

Big cities tend to have more regulations, more crime, more leftist-leaning policies that hurt investors and private property rights, etc.

Class D is mostly rentals (another tip to look at owner occupied stats and/or if the neighborhood is identified for revitalization), the tenants are outside smoking, they are talking to neighbors and solicitors, it is a completely different vibe that is pretty noticeable just driving through.

You can also message me if this is an option you're seriously considering and I'm happy to chat with you about BiggerPocket's private community for syndication investors called PassivePockets.

As i was driving through the neighborhood scoping the area out i noticed a new shiny fire department.

I have a potential private lender, but I need to determine if this is a viable investment opportunity and explore the best financing options You posted this same thing three times - in two it was a 36 unit and in the third a 32 unit.Do you have any other details about the transaction or perhaps wish to share your initial analysis so the volunteers here can poke holes in it or tell you why you're right?

There are a lot of charlatans and 'Guru's' out there promoting this and that but the Stech family is the real deal when it comes to Private Lending. 

@Ricardo Guzman-Hernandez your PMC should be able to provide you copies of court notices and other supporting paperwork.You can also Google the court - many now have a website where they post case updates.

Typically, the initial upfront for the rehab is either cash or a high interest loan (hard money or private). 

You have to go through a whole process by sending them a notice to cue etc.