I read an article that from homelight.com which included this excerpt: *The actual percentage will vary based on the specifics of your situation.

What is this voodoo magic you speak of If you're a cash buyer or not relying on a lender, you can! 

@Thomas Hickey unlikely, but it really varies by municipality and situation.

And, I am going to plead ignorance on this one, but if I do create an LLC, does the financing of future deals rely on the credit of the LLC, or of the owner(s)?

Do proper comps, dont rely on county valuations.

Depending on what your investment criteria is, a strategy you use in South Boston (A class area/ A class tenants) vs Mattapan (C-D class area/ C-D class tenants) will vary greatly.I work with clients both experienced and beginners, acquiring and leasing their properties.

Different sizes of apartment buildings have varying typical operating costs.So you have size of the building 10,20,100,300 units etc.Location of the building A,B,C,D,FAge of the building A,B,C,DQuality of the tenant baseand on and on.Are you trying to syndicate as a sponsor or buy yourself? 

I work a full time job during the day and rely on realtors to do all the "leg work" for me when looking for investment properties. 

A pretty good return, but it relies on a lot of "ifs" If you can fill the park with homes in three year.

Foreclosure laws and processes vary wildly by state but my guess is they wouldn't even look to start foreclosure until after 120 days past due.