So the best bet to pull equity would be to apply in the 5th month and close the day after you reach 6mo. 

There is a low occupancy because at least 10 units need upgrades and it’s poorly managed but if I fix that it’s a great property, in the area the vacancy is between 5-8%. 

I'll bet money he says, LLC.

From the sounds of it, STR is going to be our best bet and is going to be what ensures our success.

Your best bet will likely be partnering on deals, where others bring the funding and you bring a different value proposition.

We bought the property in poor shape on a bank financed note with the intent to rehab and hold it.

So you think it's financially sound to pay:1 - $20k DP2 - All of the cost of the remod3 - All of the taxes and insurance for a year4 - ...and, $15,600 in payments......over the course a year, with NO INCOME at all, on the hope that the remod will allow you to double your rent...which if all works out, and you run all of the numbers, I bet you still don't break even until the year 2031?...

For me, I wish I would've purchased a copy of "Rich Dad Poor Dad" upon graduating High School and marching off to college with zero financial education.I'm curious if there are any investors, who invest passively in MFAs, who'd care to share what they would've done differently if given the chance at a "do-over"?

Best bet is to locate commercial brokers around the country for pocket listings...There is also a YouTube channel I believe it's called Commercial Property Advisors or something like that, the guy has some excellent videos on commercial properties.

@Joaquin Garuz I'm up north in Boca and I've been watching the trends between West palm and homestead since 2015, the numbers just don't make any sense, everybody is blindly betting on appreciation and I'm waiting to see how it all plays out during a downturn.