I would analyze the apartments as a separate function and and make my decision on that.

Be it Bill B. the attorney guru or the Option Queen or anyone else, there are still old strategies floating around which can be incorrect or even illegal. 

I think that every point that people have made especially all the comments on this blog have been and continue to be made with my best interest and to protect my decision.  

My only complaint would be that they are slow to make decisions and it has cost us some deals.Has anyone has a similar experience with private lenders?  

Not sure if you stated where you want to invest, but I think that is a huge part of your decision making process.If local is your target, why not hook up with your local REI group and start picking people's brains? 

That's one of the largest decisions I feel I face as to how to use the money.

Except that there was a recent NH Supreme Court decision with the result that any rent agreements between the landlord and the tenant that are future to the court date will be denied. 

Both have their ups and downs, so before I make a decision on one, I would love some advice.

I am finding it difficult to commit to a decision, so I am looking for some feedback from experienced investors.         

This issue is also the crux of my current decision and why I ended up here to investigate.