Most likely you want to stay away, we've had a few deals with 1 meter and multiple units, the city shut it down and made the owner convert those units or stop using them altogether because electric was one meter.

You can find deals, but they don't drop in your lap. 

Most of our deals are found through networking.

@James Sillsno offense but i'll just be direct - i wouldn't start with private money. 

I find using humor, directed at myself, always eases the tension.Good luck and have fun!

So the foreclosure took longer and cost us more, evnetually we foreclosed and took the property back and sold it (at a loss).So damn I lost money on this deal....

In these initial stages, focus on building your core4 of agent/deal finder, lender, property manager, and contractor for the market.

Hey KevinI have have trouble getting financed but Im great at finding deals that make money.

Lots of off market deals. 20% rent increases in the last year.

Having a good understanding of how to underwrite industrial deals is critical, as there are some major differences between multifamily and industrial underwriting.I built out a custom model for underwriting Industrial deals, has helped a ton.