@Cecilia Rus Ohio is the 7th largest state in the US...you'll need to be a bit more specific...Columbus and Cleveland have large MSA's...Columbus region is 11 counties with a projected population of 3 million...

There is a distinct difference between investing in real estate that produces cash flow and using their own cash to buy that cash flow.

I cashflowed and did so more after insulating/conservancy.2 years ago the largest building in the town fell a fowl as tenants challenged the increases.

@David MaswaryNY is a large state and the various regions have their differences.NYC you will definitely need some money to invest in(depends on where in NYC)upstate new york does not require as much capital to invest in.

Difficult for to boil down rental market in the nations 4th largest city like this.

As an aside, I noticed someone mention that you can buy turnkey props on MLS and I just wanted to point out a distinction because it is a source of a ton of confusion in REI. 

$1.8M Building we are considering is 100,000 sq ft, but really divided up into two distinct portions, the original single story 50k sq ft footprint, and a new two story addition at 27k sq ft per floor.

@Alex Furini I had no idea that distinction, thanks so much for the tip!

@Matt Hummer,The distinction I'd recommend making is between what you are allowed to do legally and what you should be doing based on your skills and knowledge.If you are as competent as the professionals you would otherwise hire, then weigh it against the value of your time versus the cost to hire it out.

Hey guy I know a few of you are involved with multifamily real estate financing, so I thought I would ask here before contacting lenders and putting together a project.What is the largest construction loan I could qualify for with $2m as a down payment/reserve/equity?