Remember people who look at your unit have probably looked at  many others. they have a pretty good idea how yours compares.

The other option is to get a HELOC on the property.The process is pretty simple. 

I think small town PA is one that is pretty good in that realm I have been funding deals through out the central and eastern part of the state in what I would call under the radar.. and they seem to work.. but my vendors are highly experienced RE brokers so they know their stuff.

I am somewhat new to real estate rentals, but am pretty knowledgeable about taxes.

BUT now they have willfully damaged a pretty expensive pickup truck belonging to another neighbor. 

@Jonas Albrekt HansenHi jonas my name is Henry and I’m 16, I’m new on bp and your post seems pretty similar to how I want to start investing, apart from the whole Denmark thing.

Are attendees experienced investors that have acquired and are actively investing in 60+ unit multifamily properties, or is it mostly people that are pretty green and looking to get into multifamily? 

@Daniel Kokodoko There are countless factors that go into getting to the metrics where you can actually calculate a cap rate - so you're going to have a pretty tough time getting an accurate number for an entire area. 

The seller's actually offering pretty good terms for that kind of asset. 

I'm a former builder who got rocked pretty good in 2008 then took a job out of state and just recently moved back to the gulf coast.