I'd like to cite on statistic:  Sales volume of apartment buildings. 

Im here to hustle and grind it out for my partners and I to reach financial independence. 

Please verify this independently but I did read (a long time ago) that ICNA came out with a ruling allowing interest if it's below 30-40% (again, not sure about the exact #s) of the entire capitalization.I wouldn't dabble in real estate if you want to scale up quickly without leverage.

Go to the FactFinder at https://factfinder.census.gov/faces/nav/jsf/pages/...Enter the city/county name or zip code you're interested in; under the 'Housing' tab there are several tables that include statistics on the number of rental homes, average size, estimated average monthly rent costs, etc.

I believe that time and effort come in depending on how hungry someone is to be successful.

I would recommend asking for the estimate documents and ideally independently verify the quotes for the construction  Exit Strategy: What is the strategy for this deal?

That said, I'm not looking for real estate to replace my job or become fully financially independent with it.

Gotta love great timing and intuition.Let me just say this first off, financial independence through real estate is within your grasp.

I'd try an independent mortgage broker.

Small satellite cities that are that far from a metropolitan statistical area are not attractive to me.