Hello All,Here's some background - I'm looking to buy a distressed property from my local land bank.

Most small banks and credit unions will do portfolio, or commercial loans.

@Carlos Chavez Most doctor loan programs you would find at a bank or mortgage bank would be reserved for owner occupied purchases only.

Without them no bank will give  a loan so no investor will buy it. 

A bank?

(Yes, I know how to vet PMs.)Lots of CapEx in the past two years, mostly updated units.New roofs / new plumbing in most / new HVAC / etc.)Block bombproof constructionProperty has been cranking out greatly increased cash flow each year.2016 - the true net after ALL expenses, management, and repairswas about $800/month2017 - the true net after ALL expenses, management, and repairswas about $1,200/month2018 - so far this year, the true net after ALL expenses, management, and repairs is about $1,600/monthI have actual bank statements / tax returns / P&Ls to verify all of thisMany tenants have been there for 5+ yearsVery low vacancy rateAll tenants current on rentThe negatives:Neighborhood is terrible.

We have a guest speaker, Julie May, Manager of Business Lending from Lakeview Bank. 

The Bank is offering a sellers escrow for repairs to maintain there asking price.

I have seen this a number of times, first as an employee in a bank where my job was to pull credit on applicants...Do NOT buy a truck or car, furniture or any other large expenditure until the loan closes.  

You should, however, expect to sign recourse individually, meaning the bank can come after each of you in the event of default.