What makes it more difficult is that most of the 2-3 units that have been sold in the area have the potential of being converted into single family homes that can sell at about 1million, or can be duplexed down or up to attract a buyer looking for more luxurious units.  

Plan to have reserves because these properties need updating to make it attractive to renters.5.  

My strain of thought is - when the big players buy lands in the millions and the construction go in the tens of millions I'm sure someone lend them money for both land and construction, is there any solution for a he little guy ?

Attractive multifamily acquisitions will be captured by buyers who secure assets that are “right priced” to account for rising interest rates."

I like the type of returns but am struggling to find how I can do that since most properties are $1.5 million and ideally I would like to put 20% or less.

Does anyone have a script they use to leave a voicemail message for a leads list for attracting a Motivated Seller. 

I know hard money will be faster and more attractive because it is presented as a cash transaction.What is the common practice to show proof of funds when making an offer to a REO property when using a hard money lender?

Trying to figure out the best way to put an offer together on this warehouse lot as a cash buyer to a bank owned warehouse portfolio.It is bank owned .9 acres of commercial land with 4 separate warehouses totaling just under 13,000 sq ft. in an opportunity zone. 400 feet away a $88 million dollar real estate project just got approved by the city as well. 

My question requires greater emphasis on the process rather than the figures.I have a completely paid off personal family residence home valued at $1 million.

The most visited city is probably Scottsdale, with a multitude of major yearly attractions all across town (Spring training, Phoenix open, Barrett Jackson, to name a few)Downtown Tempe is another good market, with a steady traveler pool because of Arizona State University (parents, students, relatives, visiting professors).