The only thing is that I lack a strong established history in credit.

Both are financially strong ( all of our investors are accredited) and have other relationships with the banks.There are also some smallish private equity funds that will lend at interest rates in the 8-9% range on portfolios of notes, minimum loan size starts at $1,000,000 with 60% max LTV.In both instances the lenders want to see the quality and performance of the underlying notes being used as collateral.

I am 23 living in Dayton and I am a Designer / Draftsman with an architecture degree. 

I strongly suggest that you check the state and local laws before buying it.

In most areas, you also have restrictive covenants (HOA) so any time you want to paint a property different color, you have to submit that paint color for architecture review.

I assume last year to this year but the lender who sent it to me did not specify.Here is another map showing the hottest seller's markets across the country (Vegas being one of the top rated sellers markets.)The map depicts each state's real estate market on a scale from very weak seller's market to strong seller's market. 

No one has a crystal ball though so it is difficult to predict further than say 12 months or so (which still look strong).

We tell her to file with renters insurance, which is strongly encouraged by lease but not required.

I'm degreed in architecture and the educational background help a lot.

so the market is pretty strong...so how is it that there are so many multi family buildings like that around what looks like to be good C+ and B areas but they stay on the market for months at the time...Is there something about Chicago laws ( other than the high taxes ) that i am missing and everyone knows about, so they dont "bite"?