I am looking to buy a 12 unit apt building in a good area that has seven 1 bd and five 2 bd apts.   Current owner has apts at different rents and way under value for a couple.  Rents should be at $450-500 for 1 bd and...

Also there is about 9,000+ apartments in process of being developed in LIC alone.

I bought a duplex and then kept doing it year after year until I eventually started buying small apartment buildings. 

For real estate, Buy low, Rehab/repair/ add value/ operate efficiently and manage money/ sell high...I started out by living under my means-drastically-and house hacking small apartments.

Which is best when planning to scale into a large apartment portfolio?

The door knob wasn't working so I wasn't able to open it up to access the latch area which would make the process easier.

I currently have an apartment that is much nicer in a better part of town for $1050, so I feel like $850 is probably stretching this property.

No structures are on the property and it has access to a main highway.

Or a home equity line of credit where you can access the credit whenever you need.3) Private money and that would take building a relationship with a private lender. 

I am currently looking for these titles:I haven't had a lot of luck with Wake County Public Library so I plan on ordering most on Amazon unless someone on here has these titles :-) Best Ever Apartment Syndication Book by Joe Fairless and Theo HicksCommercial Real Estate Investing by Dolf De RoosThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesHow to Take an Apartment Building from Money Pit to Money Maker by Craig HaskellMulti-Family Millions by David LindahlThe ABCs of Real Estate Investing by Ken McElroyInvesting in Apartment Buildings by Matthew MartinezCrushing It in Apartments and Commercial Real Estate by Brian H.