@Eric SmithYou should be able to utilize direct to owner mailing for this size of properties you are targeting.

In your scenario, hard to imagine more than 1 in that size of space!

The issue many talk about are how the burbs and places with decent size yards will see a big change.

If you buy in a location where prices and rents are increasing below the inflation rate, the amount of goods you can buy will decline over time.Population Size - Greater than 1 million.

People are living in a class A doorman building paying 4X-5X less than market rent for the exact size unit.

With the prices you've mentioned on the first 2 purchases and assuming accurate numbers of 100k equity when finished with rehabbing I would tell you to shoot for the small/mid sized apartment buildings if your market has them for a reasonable price.  

ISO, I am interested in internet based lenders who finance commercial apartments down to 6 unit size.

That’s a lot of cash to leave on the table for a no risk proposition of The wholesaler.

It depends on your area, the size of the property, etc. but I'd say 8% to 10% is more likely.

A good number will vary based on the current market and the size of your metro area.What is your maximum LTV and Initial Funding?