I've got my eye on a 15 unit apartment in excellent condition (asking over 700k). 

I would also look at its access and paring. 

-the community is gated, close access to I-35, and will have at least 90 units.

And I need at least one more successful house “flip”, if you will, to allow me to purchase a cheap $15,000 apartment somewhere in foreclosure so that I can use that as my legal homebase and therefore qualify for Hardmoney or private money loans to do what I want to do. 

If you do have the funds, and want to do some of the work like installing flooring, painting, etc. yourself, I would skip the renovation loan and additional requirements that come with it and keep things simple.If you don't have access to additional funds and don't have the ability or desire to work on the property yourself, and the property won't qualify for regular financing without some of the repairs, then I would definitely recommend the 203(k) loan.

Just a lot of student housing and apartment buildings from what I saw.

Guy got knock on door opened it and someone emptied a clip into the apartment.

Second, and perhaps most importantly, it's land-locked behind another property, so I don't even know if any buyers would even have access.

Crime rTes are important as well as accessibility to highways and shopping.

Hi everyone I am a 23 year old new college grad and I just moved into a new apartment, and I really like the apartment I am living in.