(And actually invested in another business with a partner of mine) I don't have money to invest in properties myself (or skin in the game as is popularly referred to) With that being said my credit isn't great and I obviously understand the greater than normal risks involved so I would be happy to take a cut in the profits for the first few deals with higher points as I save up for the down payments private/hml require(I read average is 20-35%) However, I have heard and read about PML/HML that will make deals based solely on the deal without requiring you to put your own money down or checking credit or anything involved because they use the property as the gaurantee.

That lender usually can give you a loan letter that states their average closing time on a loan like yours and the maximum amount you qualified for.  

I am not against building up as well, but that will depend on what it might cost to reinforce/etc.I am not working with an architect yet, and it is a crucial part to the process, but we also need someone to give us more of a realistic feasibility/cost breakdown (not just an average cost per sqft run through).

Hey all- I am looking at buying a small apartment complex with a partner, however the hanging point for both of us is that the landlord currently pays electric, water and gas for 75% of the units and water and gas for...

Not surprisingly, the average days on market was considerable...

Multies are a little hard to find an average cap in Aurora but if you'd like to send me some details on that specific building I can compare it to some comps.

Since they didn't have insurance, that's not your problem, but I would have considered offering up $500 (or whatever the average deductible might be) and called it a day.The way this person is handling himself shows he is unstable- first not insuring the vehicle, then physically attacking the PM. 

Based on my research, it looks like I can rent out an average 100,000 home, 3 bed, 1 bath for around 1000-1200$ per month.

-Average closing time-frame is 30 days with a non-recourse loan.

We invest in several markets and I would take a rock solid team member in a average market over a average team member in a rock solid market.