I know multi-family building is a general topic, so to narrow the scope of the conversation the areas of main concern are...

I have been preparing my next round of direct mail letters and having conversations with lenders. 

I'd also recommend having a conversation with a loan officer so you can understand your financing and what your preapproval limits would look like.

With regards to the above conversation, as I might be going through the same situation soon.

You should sit in on these conversations.

Tell anyone and everyone what you do and be intentional about your conversations.

Thanks for sharingSo the seller agreed she misinterpreted the conversation but was willing to move forward since the contract was clear.

I have financed the acquisition of a property that was to be converted in to a retirement home.  The term of the investment went a little longer than expected, and I was just paid out my interest for the initial debt ...

And per a recent conversation I had with @Andrew Postell - you may be able to do even higher; though I would caution about the impact on your cashflow.If you don't already, be sure to get out to a number of networking events. 

Get prepared to have those conversations...