Number of units is the biggest misconception in this industry.

My numbers might be completely off (and this will likely be worth another discussion), but I need roughly 120 units, to cashflow an average of $150/mo to earn $220k annually.

Since I work in the industry and am an investor as well, I tend to have a good handle on the available tech options. 

“DFW is a dynamic region where no one industry dominates and growth projections are generally higher than other large U.S. metros,” said Robert Kramp, director of research and analysis for CBRE’s Texas-Oklahoma division.

What is the average rent per bedroom in Bay Area (Stanford, San Jose, SF)?

I am just saying that an average young sole proprietor may not be good with accounting and doing their own taxes and if they have they cannot afford to hire a tax professional and have multiple bank accounts they may not add up everything correctly or put things 100% correctly into tax software.

We have opportunities in Hotels, apartments, retail and industrial.

is that the norm in the industry or do I want to apply too much pressure ? 

Another bank I heard of said they would only use the average of the two if another was ordered, so you'll want to know what they will do.Finally, there are more banks out there.

Timing isn't ideal - at least in Minnesota - but I figure real estate is just like any other industry: regardless of market conditions there is always money to be made if you're creative, have a plan and the right strategy.My business partner and I have the creativity part down but the plan and strategy are items that we're working on.