Wanted to reach out to anyone that has extensive experience out there that wouldn't mind letting me pick their brains a bit.

For instance an apartment community that's typical renter is a young professional with a college degree in a relatively high paying job ($60k+) would be a class A with top of the amenities.  

That simply means some amount of time (6 months for instance or 90 days in another instance) to allow enough houses to sell so they have a basis for a new appraisal and proof that payments have been being made. 

In this latest instance though, I chose to work with a local realtor in the KC area.

Once verified I will spend time on the phone and e-mails explaining the commercial retail real estate process in depth so that once we find a property the proper steps are followed.If a buyer cannot even put in a proper LOI for instance to a seller then the listing broker and seller might feel doing a transaction with them is completely out of the realm of possibility.

This will be my first multi family deal and it will need extensive renovations.

Not a very extensive rehab is required; however, upon inspections an active termite infestation was discovered.  

Vendor ListInventorywww.fciexchange.com – the “original” trading platform, linked to their servicing arm so it usually has inventory.www.notesdirect.com – Note School site, has some deals, not sure if open to public yet.www.Debtx.com – Mostly pools of assets on this site, signup fee, big players at this site (newbies proceed with caution.)Note EducationNote School http://noteschool.com/ This is the most extensive education available, the cost is on the higher end.

Let me put it this way, for instance, I like one duplex property, $150k, but I dont feel like this can be our primary residence, however, as an investment property it looks really good and now I pay 20% down for this property. after 10 months I find one more interesting 4plex property which I want to buy and worth $300k, and very livable and can be our residence.

Annual premium for instance for a SFR is $300 for insuring $130k dwelling.