Maybe, a second-tier city in a popular state (think Texas and Florida) or a large city in a less popular state (think Alabama or MIssisssippi). 

If you can't afford a large down payments then put the properties under you personal name.

I am looking to meet/connect with Sponsors, Operators, Principals, Etc. of MultiFam, Resort, & other large RE projects.Any advice on finding here on BP and/or elsewhere is greatly appreciated!

I was, admittedly, a bit hesitant wiring a large amount of money to an outside firm, but the consultant at IRA financial kept in constant contact throughout the process. 

I would imagine the commission on land is lower, and might even be paid by the seller, but check the auctioneer's website or call them to be sure.You mentioned marketable timber on the property-how large is this tract?

Anyways, the first floor is a large studio currently getting 1450 a month and the second unit is currently owner occupied but could rent for about 1850 in the current market.

It helps if you've already done business with them.A more common way to get this done would be to find two partners and the three of you each put in $125k in equity.Also, you don't mention if the property needs rehab but one thing to keep in mind, my experience is that your capital required to complete a large deal is not equal to the amount of the down payment.Even if the property is in pristine condition, you need more money for third-party reports, professional fees and working capital.

After sitting for months, people start to think there is something wrong with the property and it gets harder and harder to sell.One strategy to sell fast would be a large price drop.

@Spencer GrayThe immediate play is to cut expenses by fixing exhorbitant Water/sewer bill.Immediate planned rent increase by $100/unit as is still below market.Near term interior repairs is mostly to satisfy point of sale requirement per the city.We will resist over-renovating as there may not be enough return on the upswing in rent.I’ve seen the data you referenced re declining population.It just doesn’t bother me a lot when you’re investing in a large metro.I would be more concerned if you’re playing in secondary markets.

ACRE meets the first Tuesday of the month and they also have a large membership.