The exact date can be discussed if it doesn't work for most of us.

Let me know if you would like to discuss further.

This type of financing will typically look very different and more like a traditional commercial real estate loan.That means a DSCR calculated based on a full NOI and expense load (so inclusive of vacancy loss estimates, credit loss estimates, repairs and maintenance, utilities, management fees and more – in addition to the property taxes and insurance expense that are the only expenses factored in on traditional residential style DSCR loan financing).Additionally, the DSCR minimums are generally going to be higher (typically up to 1.25x), the loan to value ratios lower (higher down payments) and underwrite more sophisticated (which makes sense considering the size and scope of the property).Many multifamily investors for properties of this size (such as more than 11 units) can syndicate capital and have more sophisticated financial and entity structures – its definitely a different world once you get up here in unit count.In Conclusion – when you are looking to invest in multifamily real estate and finance your investment – make sure you have the unit count in mind before you start shopping – the unit range can have a huge effect on your options.

Cost-Effectiveness: Considering their fees, is it cost-effective to hire a fiduciary financial advisor in the long run?

If you have specific concerns then definitely discuss with an attorney. 

Best to buy your next rental with cash to save yourself the $5k loan fees and 7.25% interest👍 

For the first property I did, I had someone in the building meet the deliverymen and paid them a small fee for their time.

To document that a meeting occurred, you could keep minutes or other records of business discussions.

I'm ok with month to month, but I also need to raise rent to current market value, add in late fees, set up auto pay, etc. 

One thing to consider, if there's a draw fee, that will be booked to the WIP account.