I can now target those seeking private rooms, shared rooms, extended stay guests 30+ days.

and how do I go about accurately estimating these cost..comps in the area are going 85-90 per sq ft.. non rehabbed (80's to 90's) style houses.so 196 sell for-ishMy question is.

Hard money/private money will usually still want you to bring some money to the table.

While I cannot disclose the exact location due to owner wishing this to be a private deal, it is located near the shores of Lake Michigan in the city of Kenosha, Wisconsin.

when you get to about 32 units you should be able to hire a Property Management Company paid out of that apartment income and have some positive cash flow.You can get hot areas to do either style by talking to brokers, Governmental agencies, popular appraisers, and 

Bruce, I just sent you a private message with the address. 

Call and ask him to break it down Barney-style.

Hey Everyone,So I have a few private money investors that want to be part of my deals. 

I’ve been interested in RE investing for several years, as I’ve found that I’m good at digging up opportunities and closing, and I enjoy crunching numbers and analyzing problems.I’m interested in meeting people who have set up private money / private equity deals in the past, especially if it involved single-family residential buy-and-hold strategy.I’m also looking at pulling the trigger on the local Lifestyles Unlimited seminar, because I have a lot to learn, and also because I want access to what Lifestyles considers “best practices” in what will be my market.I’m happy to hear all sides of any idea and my hobbies include playing devil’s advocate and drumming at my local church.

Is hard money/private money lender a better option to buy or does anyone have any other advice on this?