In theory if the fed raises rates they could suck some of the liquidity out of the economy, but it does seem like that won’t be happening anytime soon. so it would likely need $130 a barrel oil, 20% percent reduction in stocks, and 10 year treasury closer to 3 percent to likely have an impact in the Smoky market. 

@Logan Eckstein When raising capital for investment, credibility and trust are key.

Bust my butt at my job to get as much capital as I can, while realizing that it’s going to take time to raise said capital.

No offense, but for someone looking at a 90 unit apartment building which I'm assuming you will be syndicating to raise money for, this seems like a question for someone who is out over their skis a bit.

Of course, at the end of the lease, it's fair game and I often find it best to change out the tenant as we might be in a value add, raising rent and just wanting to start over.

Maybe look at raising your deductible to $5000 would give you the savings you are looking for.

I’m also OK with raising the rent to myself to get it in line with whatever is the going rate.

I would like to raise private money from investors I know personally to syndicate a commercial multi-family project(under $1 million and between 2-12 units).

@Ryan Larsen, If you're going to a larger property the stress test you want to use is to compare your net proceeds as a down payment for the new property. 

There are several books out on raising private money and syndication, as well as MF real estate.