Specify things you might not think of, such as who is responsible for advertising vacancies, who will run credit checks etc.

They do background checks and run their credit report.

(Loan program, term, credit score, etc) just for hypotheticals, say your looking at a 30 year conventional on your primary residence with 720 credit, rate could be ~4.75-5.125%  FHA is typically a little lower. 

@Kervin SimonSmall local banks and credit unions are always best for this

@Eric M - I don't collect any fee upfront other than credit report fee and appraisal. 

It's been a huge source of education and inspiration for me and my husband on our REI  journey.As to next steps, I would recommend finding a real estate agent that you trust, and also start talking to lenders (banks, mortgage brokers, credit unions, etc.)

After the construction is complete, the lender will roll you into a traditional loan product in order to give you time to stabilize the apartments.

That was just 3 days of work and I ended up giving rental credit for broken planters that the roofers left in pieces.

Utilize your network, credit and equity and the ball will never stop.

Utilize your network, credit and equity and the ball will never stop.