@Tram LeMultifamily can range significantly in size. 

@Tam Tram the traditional and popular method of going to a credit union or local bank is getting tough as the Cumulative Loan to Value ratio (CLTV) is decreasing and tightening as you mention.

[If I'm on the wrong tram here, please, someone enlighten me]...

A tram you trust is invaluable.

So am not in the center of Barcelona but I can enjoy the benefits of Barcelona; which are quick connection via tram and metro, lower house price with better ROI than in the center where prices are in the roof and is mostly for capital appreciation, Airbnb, high rents income in Barcelona etc.I think whether Barcelona or Suburbs depends on your strategy.

And all of them have had trams and electric trains and extensive, functioning bus service and ports with ferries and canals for a hundred years, whereas we built out the highway system for cars and freight train lines.

The aerial tram is also a really neat experience.

Also, in the next 2 to 4 years, the Tram will go and stop to pick people up and take them down to Phoenix.  

To present a solid buisness plan as their may be others clattering for their $ too.

@Ben Dunning Below is a list of questions you may want to ask, to begin building your Power Tram.