@Eric van Dalen Look for markets that not only have good cash flow, but also strong economic and demographic such as population and job growth.

Reason being; Where I currently invest, Providence RI, If you are off by ONE STREET, you could find yourself in a totally different demographic.

It'll vary from lender to lender but dealing with $10M+ you might be looking at a 1.2 DSCR rather than a 1.25 or 1.3 so long as the assets are stable.  1031 exchanges do allow you to finance a portion of your purchase.If your biggest concern is based on the equity position you have, you should look much more thoroughly in the demographic trends of the area. 

Although I might be biased because I've been active in Indianapolis for many years, I think that Indy has some real economic and demographic advantages.

AMAZING graphs and data all around demographics.  3.

I think these kinds of developments may work as long as there are enough people in their target demographic and the housing market is tight.I mean, let's say you are a 35 year old rising professional.

In market areas with excellent outlook (i.e. good demographics, high income, growing economy) investors will bid up properties (i.e. offering more) because they expect rents will increase therefore NOI will increase.

If it's a "stand alone" ask the distributor for the Demographics and ProForma.

When it came time to consider a new complex to purchase, or a new town to build in, we would do some pretty standard analysis regarding the demographics.

Simple to understand, not too simple to accomplish.As for demographics, well, that's why I invest locally, because I try to be an 'expert' in my local community's demographics.