Would love to hear from someone with experience, or if any direction on where to look for more info.  

And do you my experience in construction?

I have lots of ground up experience as an architect in NYC. 

My experience in Cape Coral has been a disaster so far.

Quote from @John Mason: People who say JV is bad do  not know how to structure  it and manage it and the exit strategy..What are your experiences correctly structuring a JV?

Sorry you are dealing with this, but it'll be a good learning experience and you'll be sharpening your skills. 

. - Most 5+ unit lenders will want the borrower to provide documentable real estate related investment experience.

Additionally, if anyone has experience financing real estate investments in Memphis or knows of any local resources or experts who can provide guidance, I would be very grateful for any recommendations.Thank you in advance for your help and guidance.

I regret every property I sold 10 years ago (except the ones in the hood, that was a short term experiment I am glad I got out off).Your total net worth contribution is a lot higher than 0.6%, just the paydown of your loan is double digit ROI.

That is what I have found during my experience (in my markets).