Here is the backstory: I started buying single-family homes in Milwaukee 15 years ago and pretty soon migrated from C into B neighborhoods ("A" would be 500k plus here) and some of my friends invest in larger MF so I thought that's the next step for me as well and started shopping for a commercial deal maybe about 50 units.The issue is that I did not want to go into the affordable housing space and assets in the quality I liked were so insanely high priced that I would have needed 40% down to meet DSCR guidelines - not to mention rehab cost to bring it up to our standards.

Probably best to determine what your particular investment niche is and then find people who are interested in the same.

Don't be nervous to call and ask questions, most people are happy to provide clarity so the process can go smoothly. 

Some people purchase a property for cost segregation/accelerated depreciation purposes to save on their taxes.

Welcome to BP Sean,These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.

Awesome work Carlos, glad to see other people with like minded ideas!

Permit me to express my personal viewpoint: the year 2020 has truly been a turning point in my life, as I made a resolute decision to bring order and organization into my life.

But the example you gave, I would estimate $3M as a good starting point for the project.Your post liquidity also will be looked at as well.I would recommend partnering with people that compliments areas you may not be strong at for your project.

It is very normal for people to have second thoughts or get cold feet.

He works for probably 15 big investors/companies and probably at least60 other people, does snow plowing and lawn care and makes time to have most of Sunday off with his son.