There is an apartment building boom, and an economic boom in general going on there.

It's basic economics.

In my lower socio-economic area this is a tie breaker that I seem to win.

If you stick to markets that have stable housing demand and are economically sound then your "risk" of the market going down, or having any significant affect on you, especially longer-term, are very small.

I'm definitely hesitant to do many buy and holds in a small market because I don't trust the long term economic health of a small town.

I know that each deal has its unique characteristics, but I would like to know some reasonable benchmarks in terms of what are the usual economic terms offered to private investors in multifamily RE transactions.Interest rate - What is the interest rate range that is usually offered?

-Local Colleges, School Districts, BusinessesSome banks and other local businesses conduct monthly seminars that are very economical to free.

I even want to get into the commercial real estate side of it as well, so I can holistically and diversely have a positive impact on the economic development of this community.

Sellers like cash buyers.As of a few months ago, banks wouldn't even offer financing for investment condo's in Florida (due to "housing crisis" and potential of HOA fees rising with so many owners not paying).

A cash flow analysis can be as simplified as your home budget excluding equities or economic benefits or complicated to include projections, like expected loss of rents, repairs and the use of cash with other benefits.