There is a lot of information on the new apartment developments and the general consensus is that there may be an inevitable saturation point now or in the near future, at least in the university area but perhaps city-wide:New and planned apartment construction puts pressure on older unitsBaton Rouge multifamily market becoming overbuiltBaton Rouge student housing boom not expected to lastIn this type of environment which is probably common in many college areas and even non-college areas, with a large number of available units and the potential of acquiring a less flashy property, is there much of a future in investing in that type of smaller multi-family property?

I am an agent but I am trying to find a creative way to acquire this property as an investment for myself rather than list it. 

Now they are looking to acquire a private loan for what ever money they need.

I am currently working with a lawyer to acquire another three properties 14 hours away (drive).I use property managers.I trust the property managers and delegate complete management to them because given my personality, I know I will end up trying to micro-manage things and getting stressed out about what I see when I drive by the properties.

Here is Fannie:Permissible Exceptions to Continuity of ObligationAlthough the following refinance transactions do not meet the definition of continuity of obligation, the new refinance transaction will be eligible and not bound by the limited eligibility parameters described below if any of the following are applicable: The borrower on the new refinance transaction was added to title 24 months or more prior to the disbursement date of the new refinance transaction.The lender documents that the borrower acquired the property through an inheritance or was legally awarded the property (for example, divorce, separation, or dissolution of a domestic partnership).

I'm acquiring an industrial business park in Irving, TX and looking for property management for this 14 unit property.

I am currently working on acquiring my VA real estate license and working with local agents/brokers in order to gain a broader experience of the market.

Build your network using M&M but I would suggest begin acquiring properties. 

Unless if it cash flowed and the reinstatement was very low, I'd likely go for purchasing it below fair market value 100% of the time if I wanted the property and had the means to acquire it.Sent you a PM.

To essentially blow that off because you do not know how to acquire at a discount...well, go for it.