This type of real estate comes with high risk and high reward.

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.

I've personally sold 3 properties with them thus far and have high praise. 

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

@Tal SimpsonMe too but they can’t help with syndications which I do a lot of, and price is crazy high!

No pictures of the kitchen. 2. 170k 3/1  no pictures on zillow/redfine, no listing sold in 2021 for 180k sold again 2/24 for 170k3. 180k 3/1 list 199k in 8/24 sold 2/24. no appliances, fair rehab, exterior paint, New hvac, new water heater.

Hoa is very high, off the water and maintenance is starting to increase.

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. 

Sight unseen and going to BP for GC contacts for a F&F, that's a high level of courage!