--Become a hard money lender somehow--Figure out how to get in on an apartment building somewhere (although I'm currently trying to build a new business and don't have time to simultaneously learn another one).

I live in Bayonne and have seen progress towards positive change since moving here (luxury apartment complexes, ferry, Costco, Military Ocean Terminal redevelopment, bike share, park improvements).

@Jose RayaI've used Tim Henry at Hoffman Weber for a few inspection issues in Denver and surrounding areas.

I know that there may not be a science for this but I thought wouldn't hurt to ask the question:  Just for initial planning purposes is there a way to come up with a swag at annual capex number for a class B apartment as a ratio related to its NOI, price, on-going maintenance costs, or some other parameter, way before you go on with a full due diligence?

I definitely did not want to backtrack on my offer and lower less but after physically inspecting the property and the neighborhood it was located in, I realized that it wasn't ideal for my investment goals.

Are you able to do a careful inspection yourself? 

And coming back for a 3rd inspection, because of a small detail (beyond my control), he still won't lift the order.  

Let me first provide a little context on where we are at with the deal and the overall condition of the property.My intention: Primary residence- 2 yrs, then rentalLocation: Denver, CO (Very high growth neighborhood, this deal was almost all dumb luck...)Condition: House is B Class, recently remodeled, 3br, 2ba, huge yard, carport, shed, new roof, everything about this house is above and beyond what I consider move in ready.Asking price:  $399,000Days on Market: 27My Offer: $375,00 (Accepted)Contingencies: Inspection, Appraisal and Seller allowed to live in the property for 9 months after closing while new build is being completed.The seller is in a position where they need capital to finance and complete the build that has already broken ground on their new home. 

I'm not sure if this is even possible, or if it would be a better idea to rent an apartment for the first year to get settled into the area and spend time looking for deals during that first year.

Keep me in mind for any LA area houses you find, I close with hard money in 10 Days as is no inspections no contingencies Cheers!