@Brittany Alkire depending on the number of units and market, that should be possible.On larger properties, the agencies want to see 6-12 months of NOI and occupancy around 90%+.Have you considered a Small Bal loan from Fannie/Freddie?

This can also work if you happen to have a smaller unit--try finding larger units within the same neighborhood or zip code so you can use them for comparison.

This is good, however, I can only do this so many times as I know I will run out of liquid capital to continue funding future BRRRR's to build my real estate portfolio.

@Gary Northcutt personal finances are less of a concern on larger commercial loans with a typical down payment.

Second opinion makes it easier to sell individual units later.There is a third option but that usually reserved for much larger portfolios where you buy the llc including any existing mortgages.

The bridge is in rough shape and the engineering firm I had looked at it said that it would only support the weight of a pickup truck but would not support the weight of a cement truck or larger weights required for development or required by the fire marshal.

I view real estate as something that will take significant effort and I want that professional real estate tax knowledge as a tool in which I could use for myself, consult for others, and be my thing when looking to partner with others on larger deals. 

I view real estate as something that will take significant effort and I want that professional real estate tax knowledge as a tool in which I could use for myself, consult for others, and be my thing when looking to partner with others on larger deals.

To keep things short, I have $80k in liquid cash and was tempted to buy a small condo/apartment unit within a complex in cash.

I now have an off-market deal I'm looking at: a 7-acre property in the same area, with a larger, double-wide manufactured home, about 5-10 years old, and the price is well below comps in this market.