Recognize buying rent ready units have very thin margins and most properties purchased off the mls will have negative cash flow.  

@Lisa Marie and others, Some REIAs are good and some make you feel like you need to shower to wash the sleaze off.

Sounds like you’re off to a great start!

We've thought about trying to sell off each unit.

He showed with a young guy, We worked our butts off for 3 days.

And, cutting off liquidation options. 

In construction your plans are your Bible, so you need to know how to locate any discrepencies, locate answers to questions froms trades, understanding "Take-offs" with your materials, and be able to visualize in a 3D space what the plans are describing.

We paid off our primary home last year and have been slowly getting the courage to jump into the investing market where we live in the Pacific Northwest.

Here is their link.https://www.launchfg.com/ Hey Ted, Depending on the LTV, FICO, and experience, 7.25% isn't too far off from what you can get on a DSCR loan. 

In many cases - properties sell for MORE if there is a vacant unit (especially if it's ready to rent) as you can market the property based off market rents as opposed to lower, inplace actual rents.