@Sam ApplegateThree things you need to do in any market cycle.

It is currently slightly under market rent at $2,250.

If you want to work with investors I would invest into cold calling to find deals and then sell them off market to investors.

Great markets here in the midwest. 

Additionally, I’ve had several successful viral posts on Reddit that indicate a genuine interest in the concept.Questions for the Community:Which approach do you think has a higher chance of success in the real estate technology market?

The seller is willing to do a Wrap Around Mortgage.  

The seller is seeking $3.5M with an assumable loan.

It's rare for us that a seller backs out.

On the other hand, the tenant may be more likely to move to a different apartment since there are more options on the market and they could find a better fit.I think you can make an argument that it's actually better to have leases expire in "slower" or less desirable moving seasons like the fall and winter.

I bought it off market and it does not need a lot of work but trying to get the ARV value up.