solid real eastate  with a good cash flow and a cap rate of 11 or better investment and of course some apreciation down the road would be a nice option. i have looked at and liked indianapolis as well .. open to anything the secret is finding an honest company to deal with so far midwest eqities are como=pletely and totally legit. alot of fuzzy math companies out thier

I am looking at a project that is a historic building that sits in an Acre and is 8700sf . very walkable to lots of amenities,restaurants,grocery, schools, government offices e t c.in the past i have remodeled SFH ,renovated industrial builings to retail centers (sizes up to 15000sf)Project Scope: i am thinking retrofiting and add an addition and have aprox 32 units of apartments with elevator, and finishes stainles appliances,granite tops, study says that target tenants are milenials,retiress and due to proximity to government offices government employees.current rents go for 1bed 900-1000 and for 2 bd 1100-1200 . the sf need for 1 bed is 800sf ( should be able to rent according to the study for $1200)and for the 2 bed is 1200sf( should be able to rent according to the study for $1400)for this area.14 1 bed x $1000 =$14000 x12=$168,000. year18 2bed x $1200 =$21600x12=$259,000 yeartotal yeqarly income $427,000.00 -8%$34,160)vacancy (study says 3% for this area)=$392,840.00 yerly gross income.using current rents for fast stabilization as the goal is a non recource loan.i have couple questions that i would greately apreciate your input. 1)is it worth going after tax credits and how do i find more information?

I have set some goal (milestones AND times)  I have begun writing a Business Plan (Anyone who can help or steer me in the right direction, I know time is a precious resource but I would appreciate the guidance).  

I just am absolutely clueless on where to begin.. if anybody would know if a good starting point i would greatly apreciate it.

Apreciated!

I really apreciate any feedback. 

I have only ever ran into this problem in NY with really low loan amounts (when working for a precious lender)- $30k Loans - never anything near a $100k Loan. 

Any recommendations would be greatly apreciated.

And there is a chance that some areas will see substantial apreciation in the future.

So I'm expecting to pull my 80k back out along with an additional 20K or so and still have equity in the property and still be able to cash flow a little while holding for future apreciation.