True private money is going to cost 10-12% plus deal equity which often makes the true percentage 20-22% on your money vs alternative lending which will be around 12-14%.Here to chat if you want some help comping a deal and putting one together. 

@Thomas Richardson As @Mike Grudzien mentioned, reading my book doesn't exactly tell you how to "pitch" to private lenders but it does help you understand how to present deals to novice or new PMLs within your network by being able to show them how you'd protect and safeguard their capital with things like equity protection, title insurance policy, loss payee on your property insurance policy, going through a third party title and escrow or attorney to close the loan, etc.

When they cannot remove the tenants they can’t fix the units.It is also an overreach, what the city could start with is helping the landlords deal with their tenants, perhaps starting some sort of arbitration system.

If you have any questions feel free to reach out I enjoy helping and talking REI.

Help...I'm close to licensing!!!"

But when you meet these subsidized tenants and listen to their stories, you can definitely sympathize for where they're coming from and understand that the program really does help people and the immense need for it in this area.

There are far too many properties out there to have to suffer that type of cash injection.If you have any questions or want to look at that address let me know I enjoy helping and talking REI!

Please recommend a good source for the lease template or a lawyer who can help draft such a lease. 

It might help if you post what state you are in.   

Really appreciate the help.