@Temitope Adebayo, I'm not sure what product you are talking about.

Hello everyone,I'm trying to find ways to finance my apartment complex, I love the Fannie Mae multifamily loan product.

The next thing I did was to research the average water use per day per person, and found the average person uses 80 to 100 gallons a day.

The Average Sale Price for Single Family Homes leaped from $286,417 in February 2017 to $318,139 in February 2018. 

You can ask the property management company what their average turnover number is across all their properties.They would have the best information for you.

Average rental price for units if i would rent is $667 each. 2nd home, 3br 1 ba Townhouse built 1965. aluminum siding, previously attached, now detached burned in fire 2003. completely remodeled after fire, previously had fireplace but deleted and closed shut. hardwood flooring living and dining area, new carpet in bedrooms, possibly need to redo sewage piping and minor. priced at 43,000, taxes roughly 2500 as well, tenant currently pays $830 rent. i appreciate the time to look and help, i have pictures and can get more info if requested for any mentors here, if anyone can assist with any guidance or info at all i would really appreciate that and learn as much as i can!!

Currently, I am looking at comps my realtor pulled for the area and using the average Lease Price Per Sq Ft.

I do not want to count but we own around 20 units, all but one, in San Diego county where the average cost of RE is well over $0.5M.  

You should be trying to secure a fannie/freddie product or CMBS if the loan amount (not the purchase price) is over $1mm.

They don't have a line of credit product.