Tell him, your buyers might move a little slower because of the size of the property.

Hello everyone, I just made and saved a absentee list on list source, for Philadelphia following @Michael Quarle, listsource article (great stuff). I started with 377,000 (not exact), and I'm down to 350, from the rea...

I'm an investor local to Lexington, and there are multifamily deals to be had here, but there aren't a lot of mid-large size apartment complexes; 4plexes are common, larger than that seem to be rare or expensive.  

Without the key benefit of owner occupant financing (better rate and lower down payment options) that you can get on 1-4 unit properties, I don't see any benefit at all to living at that size multifamily.At that point, you might as well just live where you want and use all the units as rentals......

Tacoma if small is OK, or Tundra for full size.  

Do not agree. it is crazy to think 1 size fits all. 

The size of this project would require me to quit my current job and manage this thing full time to turn it around. 100+ units, $3 million, probably $1M in maint and repairs needed.

When you start having metrics like 1 bed, suburban to rural population location, low median income levels, low rent per door, small size etc. you start stripping away lot's of lenders.Are you sure there is not a local bank close to the property that would do a refi??

Also, another option is that you can get smaller, apartment size, stackables for small spaces.

If it was a repositioning of a park in a better local I like that play given size constraints of the pads