You also need a good source to acquire the properties at a discount. 

They are the development team we refer people to the most.We’ve acquired several properties from them and have been impressed with their pricing and benefits, thanks to the volume they build at.

william penn bank does not have that product any more. 

From there, I would like to consider a 1031 exchange in the future to acquire more units.My current property management company suggested that they could handle a mid sized apartment building but I would absolutely not consider them for it as I believe they have overextended themselves and communication is lacking.

Acquiring in cash or with a fix and flip loan.

I would acquire in cash and then refi into longer funding. #4.

I am interested in acquiring a 10-acre lot with a house listed for $1.6M in a Houston suburb and would like to investigate financing options for building a commercial structure on the property.

I cannot assist w/ the acquisition of the property but do have an FHA product that is specific for home improvements.

Quote from @Devin James: When running numbers on an investment property, I focus more on equity growth than monthly cash flow.Here’s why:If I can acquire a property at a low basis and add significant value, I can: 1) Sell and reinvest elsewhere 2) Cash-out refinance to recapture my investment.

I just acquired a duplex, and the tenant has been there 15 years and takes care of the place like it's her own.