@Eric M - I don't collect any fee upfront other than credit report fee and appraisal. 

It's been a huge source of education and inspiration for me and my husband on our REI  journey.As to next steps, I would recommend finding a real estate agent that you trust, and also start talking to lenders (banks, mortgage brokers, credit unions, etc.)

After the construction is complete, the lender will roll you into a traditional loan product in order to give you time to stabilize the apartments.

That was just 3 days of work and I ended up giving rental credit for broken planters that the roofers left in pieces.

Utilize your network, credit and equity and the ball will never stop.

Utilize your network, credit and equity and the ball will never stop.

Success requires cash and high credit to qualify for loans.

Because it is your credit on the line, you should designate the accountant/bookkeeper/servicer to collect rents and make payment to your mortgagee.

A few ways:- Find a lender who will lend what you need- Find a partner who will put in money in exchange for equity- Convince the seller to hold a note- Purchase with an option contract- Line of credit against another asset

Your best bet is probably going to be to look for smaller local banks or credit unions.