I think many investors start with researching some of the cities in the midwest in that price range.

I am underwriting various deals in the 30 unit range in the Charlotte, NC market (one of which is off market direct to seller) and I wanted to get the  opinion on how the BP community goes about estimating rehab on each deal they underwrite (20 units+).

My point being, if possible, find a partner(s) who does have sufficient savings so you can get your foot in the door so to speak.

Sufficient income, DTI ratios, credit score, downpayment.  

And, depending on the effective tax rate of the investor, the after-tax return on cash flow is almost always to some degree even lower.The simple fact is that larger multi-family properties (apartment buildings), mixed-use properties and retail buildings sell/trade at capitalization rates that offer investors’ greater yield assuming sufficient capital is available for investment.

Could be 3 days or 5 years.Same with HVAC.A used range is about $200.

It is possible to get in that range, but it generally will not be hard money, rather it will be a fix n flip money loan.

I’ve seen 6%-20% so that’s a large range - there is no other option for a property manager in our area as we’re in rural Western PA and those companies just don’t exist here.

They seems to have some quality flooring materials around the $2/sf. mark which should be sufficient for any average apartment.

I have a few Business Lines of Credit and are in the 4.99-6.99% range.