On top of that it is the 2nd fastest growing city in America for 2 years in a row . 5th richest county in America, and all schools in North Port are graded A & B schools.  

They have high loan amounts and a very long draw period and long pay back period.

There is high demand for rental properties so as a result rent growth is strong.

00% agree with chasing high caps and cash flow.

Would highly appreciate any help/tips!!!

Haven't purchased anything recently due to inflated prices/ high interest rates.

There's a lot of risk and it's highly competitive today.

Here is the backstory: I started buying single-family homes in Milwaukee 15 years ago and pretty soon migrated from C into B neighborhoods ("A" would be 500k plus here) and some of my friends invest in larger MF so I thought that's the next step for me as well and started shopping for a commercial deal maybe about 50 units.The issue is that I did not want to go into the affordable housing space and assets in the quality I liked were so insanely high priced that I would have needed 40% down to meet DSCR guidelines - not to mention rehab cost to bring it up to our standards.

You'd need to make sure the property is in rentable condition and that the rent will be high enough to debt to cover.

It really comes down to the market, and what the property value is in that area on the low and high end to see if your return will come back.