But once the market has other competitors, the rates of return will diminish and approach a normal rate of return. 

i have bought 3 properties like this, and had others approach me, but never purchased. some approached me, 1 neighbor, i offered and she was happy to get out of property as she had bad renters.

So, I am not against trying that approach again.

But a good CRE broker in your area will be able to listen to the deals you have, the goals you have and then immediately think of at least 5 banks that'd be best to approach with your loan.

I've partnered with several new investors that have approached me that had money but limited or zero experience. 

I would approach local banks.

It's just that they're kind of slobby and irresponsible hoarders, and their approach to maintenance has cost me a lot of money so far.

When I started, I had the same hands on approach to maintenance/repairs.  

Others may disagree and argue the "eggs in one basket" approach, and they won't be wrong.

Hello, I’m getting ready to approach a private money lender with a project I am considering.