The harsh truth - commercial brokers won't give you the time of day on pocket listings unless they are confident you have the ability to raise the funds to close the deal.  

Nothing could be further from the truth, I strongly believe that with a good tenant, this property should be performing well, which leads me to wonder why you would be holding on to a property for 5 years that is not performing.

Meanwhile, their colleagues who are charging full-commissions are actually the ones hurting their business.The truth is more complicated than meets the eye.

Sure, you have previous inspection reports but there's no guarantee that those reports are the whole truth and nothing but the truth.

There is no HOA, the covenants were drafted and signed by the residents of the subdivision, so there's no single source of truth I can consult on what the intent of the covenant is.This is the covenant word for word: "There shall be no dwelling placed on or permitted to remain on any lots or lots where the lot contains less than 16,000 square feet. 

Is this common stance for lenders take, or is there some truth to that statement? 

Truth is you will most likely need capital to cover up fees, closing costs, and a few months of expenses at the bare minimum. 

I'm all ears if someone can show me at least 6% cash flow, starting in the first year, in a B class or better property, in a quality area.I've seen people around me do better than 6% in the first year, and I've seen people buy quality properties and quality areas- I just haven't seen a single person do both things at the same time in the last 5 years. edit: (I've seen someone lieing, until I got into her numbers and saw the truth myself :) )

If you are a beginner investor like me get a good contractor on your team and don't talk them out of telling you the truth on a property you think is perfect.

Then, there is a page tab for a chart that does some extended projections for apartment buildings.The real truth is; I did not particularly like many of the calculations in Mr.