I know that statement reflects not have a working relationship with a lender.

His poor behavior reflects very badly on you and you need to distance yourself from this person asap.I had a similar experience, but as the consumer.  

Being on the wrong side of it puts you in a totally different location in the eyes of most buyers and your stale listing reflects that.

The island shows more promise for cashflow from research, so my initial gameplan reflects this.

Cash that money order and make your rent demand reflect the balance.

With 20 units, it is a lot more difficult for the landlord to ensure that there is no negligence reflected in any of the properties.

This number by itself is just a broad reflection of what the situation is - but it doesn't explain what's going on.

Newark as a city is really coming around and unfortunately in my searches the price of the inventory reflects that

The great thing is you can reflect on it and improve.

Multifamily you can get in with 75% LTV and on top of that lenders will let a seller hold a second of 10 to 15% thereby increasing your leverage into a larger property with more upside (of course bought correctly).With triple net you can get in as little as 5% down on certain properties like a pharmacy with a brand new lease in place but you will not get close to a 10 cap.You are getting ultimate security for your money versus other RE investments so the CAP reflects that.Those type of properties are more annuity type properties that you hold long term to be paid off for retirement.If you want yield in triple net and good rent bumps you go for restaurants etc. but those require more down (around 20%) bbut purchase price is lower as lenders have less appetite to fund those.