New to apartment building investor and would like to employ value add strategies to build equity and wealth,cash flow should be positive.But my main concern is to build equity and wealth.So my target should be mom and...

Camby is a good place for that (a small city inside of Indianapolis on Indys SW side).

Welcome to the forum Wazz :)I wouldn't do a JV as they always seem to go sour.Start small and do it yourself.Focus on relationships first rather than the numbers.I've done 400+ deals over the last 5 years and every time I lost money was due to a person and not the deal.Thanks and much success

Next, adding interest to an underlying loan, several issues, but your interest rate won't match the principal owing on the underlying mortgage this makes tax reporting and borrower disclosures difficult, beyond the financial scope of any small investor without a loan compliance department. 

703-XXX-XXXX- (small print i will list VA realtor license number and state...)

The most common general answer I've received is keep it simple while your small.

I focus on easy management, so keep my units in a small radius so that my maintenance guys, and various service provider companies such as HVAC, plowing, and plumbers are common to all buildings. 

You can basically get the business cards for free or a very small price through a place like Vista print?

I wondered why the City of South Bend would hire an out of town company for the study until I looked at their national client list which includes over 450 reports for builders, developers, cities, non-profits, planners, investors, lenders, small companies and development subsidiaries of several Fortune 100 companies.You can read the report here https://www.southbendin.gov/sites/default/files/fi...The report is mainly about the residential market potential of downtown South Bend but the gist of it as it relates to your question is that on page 5 it states that approximately 60% of the households in the entire City of South Bend are owner occupied and 40% are tenant occupied.The US Census Bureau data confirms this with their latest data showing appx 59% owner occupants and 41% tenant occupied here:  https://www.census.gov/quickfacts/table/PST045215/...

I sued her for the remainder of the lease till re-rented & utility bills while empty which was up to the limit of our small claims court of $3300 & won a judgment.