It's a pretty competitive market.

Then take that list of companies and send it to other agents and ask if they have any other companies that are not on your list who they feel would give competitive quotes. 

The feasibility of a retail market will greatly depend on the demographics and traffic count and competition.

We have site under contract for a fraction of the "market value" of similar high density multifamily sites in the area.  

Depending on the size of the apt: $4800 I would be expecting your competition are the condos with amenities.

Thanks for the help BPers.ColtonAmenities for this type of property are not typical or necessary depending on the condition, market and competition.

What do other rentals that will be your competition look like (you want to be in the same league)

Talk with some local credit unions, they usually have very competitive terms and are willing to work with you.

If you're buying index funds anyway, then just continue dollar cost averaging.If you are an entrepreneurial investor, and can dedicate the amount of time required to research a company (reading 10-Ks, 10-Qs, understand the company's competitive position, understanding the firms moats), then there might be more deals now than 3 months ago. 

Those lenders that have in house money or access to alternative sources are going to grow past their competition in these coming months.