I’m trying to do something similar with a ten unit complex, but my initial lender is private money who is willing to work as long as 10-15% of equity is in the deal.

And the lists that are generated may be accurate, but they can also be deceiving. 

Our maintenance guy initially responded but we had an abatement company do most of the work.

This way your initial investment is secured by real property

I currently work in law enforcement, and my partners have their own respective careers as well, so our goal isn't to instantly generate income. 

I have an investor that is willing to put up the initial down payment and closing costs.

My goals are financial freedom and building generational wealth for my family.

Check the HUD & Fannie websites for first look initiatives for owner occupants to get something "flippable". 

Or option B is to list your property at a price that ought to generate multiple offers that way you can move your your existing property quickly and lock in your up leg property with minimized risk. 

Hi all, considering opening a SD-IRA with an old 401k account.We'd like to use the SD-IRA funds for the down-payment to purchase a multifamily apartment building.Come someone chime in on whether or not we will be allowed to execute a cashout refinance in the future in order to extract our initial investment funds, pay back the SD-IRA and then repeat the strategy?