If the map for instance shows a heavy crime pattern centered around your complex but the area isn't that bad you need to clean house on the property.

So tenants applying to live in a condo are told from the start that there will be another application process, interview, and the association's own security deposit (in 2 of our 5 complexes).

The underwriting guidelines will depend on various factors including the type of property, dollar value, market, purchaser, etc.The big banks will typically only offer non-recourse loans for large scale projects such as building condo complexes, malls, hotels and the like.Some local or regional banks will be willing to offer non-recourse loans on personally held investment properties, but they are few and far between.  

50% of 5,000 is better than 100% of 0.Let us reverse the situation, I pose to you that I have 2 Million cold hard cash sitting in the trunk of my car and I want to buy an apartment complex, would you believe me?

The local area has several different non profits working to help with the homeless population that want to be helped, and you're right, it's a very complex issue. 

Hi, We are in the process of starting our first apartment complex(10 units) and have the following question.

You'll pay at least $10K and as much as $40K (complex offerings can be over $100K but you wouldn't need anything that complicated) to get this done and your deal size is too small for that. 

Even something like a 12 or 24 unit complex?

People who work in complex, highly-compensated jobs seldom have the time or the desire to take on home improvement or construction etc..  

Pretty simple really.It is really not all that complex.