We both have big plans and are looking to get financially free which is the main goal. 

Other terms, like 80% occupancy and reporting detailed financials and taxes every year to prove you are worthy?  

Hi Everybody,I am trying to find the best umbrella policy and want to ask if anyone knows of a great company in Indiana that does stand alone umbrella policies.

When you get to that point feel free to DM me and we can talk directly.The type of financial structure you describe in the second part of your post is called BRRRR.

I am not a financial whiz or a commercial giant by any means, only that I know if we sell this property, the buyer is going condo route, so why couldn't I go that route.I am guessing my biggest mountain at the moment is how could I even possibly get financing for a 30-40 unit complex since in theory we are talking in the multi millions.  

Baton Rouge had a major flood event a year ago and it stands to reason that there would be a huge disparity between purchase and resale prices of properties that are flood damaged.  

I had a whole loan package done and on a secure linked google drive, and my building financials on the BP reports all in there.  

You'll need Virginia's equivalent of the "Certificate of Good Standing" for your LLC.

Do you have any financials on this property?  

learn about 1031 tax deferred exchangescomplete you financial package - 3 years tax returns P&L - real estate portfolio, credit scoreexpect to be rejected by lenders and other W-2 employees - qualify lenders, bankers, mortgage brokers - ask what products they have - see if you qualify for themlook at 20 buildings before offering on any - know the SF dollar cost - keep a journalmail lots of letters (be professional NO yellow childish communications) to owners of apartment buildingsUnderstand what a CAP rate is and how to get to it - fill out your  commercial APODVerify -verify - verify all financial data given you by sellers - sellers are liars (so are buyers) trust NO One!