Hey Anders, As an investor-friendly agent here in Columbus, Ohio, I spend most of my time finding off-market deals and conducting deep dives to cater to my investors.

With 62 units you need to set up a reserve asset plan similar to what an HOA would do.

30 year fixed, low interest rate DSCR BLANKET loans (put multiple 1-4 unit properties under one loan for cash out or for purchase).Ground Up Construction loans for aspiring developers with NO Experience100% Financing on Fix and Flips (just pay closing costs and prepaid taxes/insurance)Fix and Flip financing that requires no appraisalHELOCS on investment propertiesBuilder's Forwards (for medium to larger developers who want to hedge interest rates on their properties they plan to sell so they can offer "low builders rates").DSCR loans for long term AND short term rentals (I think this is becoming more and more common, but some people have still never heard of this).And so much more!  

If you are a developer and plan to tear down the house and do something else with the property then you wont be able to get a residential loan because you are going to tear down the bank's collateral and then do something else which is definitely against the rules. 

rent by the room, rent by the unit (small MF), rent out an ADU, etc.If you plan on renting by the room, then maybe more square footage and potential rooms to rent.If it is small multi-family, then you can look at similar size rentals to see what their market rates are or use programs like Rentometer.com or BP rental rate calculator. 

Spend a couple hours reading and you'll know enough to be dangerous. 

Planning ahead can be challenging when two nearly identical loans get UW and conditioned in very different ways at the same lender.  

Take care to not commingle funds.The best advice is for you to spend money 💰 with an attorney in your state that is focused on asset protection.

I feel that getting in now would just jump start my plan instead of waiting.

Just need some cosmetic repair of kitchen sink and bathroom sink to me) After phachase, we plan to furnish and do short term rental.