For larger multifamily, this will typically be $200k - $500k+Lender will want to see net worth equal to the size of the loan and about 10% liquidity.Every lender is slightly different, but this is what I have seen in the 1000+ units we own and operate.

Sorry for what might be a loaded question, thanks as always!

What kind of operation you running over there?!

I am currently looking in a pretty expensive market with LOADS of potential. 

You can write off operating set up costs: legal, accounting, advertising, property management with clear invoices that are easy to pull out of a box in the event of an audit.

Seems like B and A classes don't provide high cashflow after operating cost.  

Four tenants are going to be evicted soon as they have started a grow operation in four of the units and the rest are behind in rent.

Select a location with relatively low operational costs.

you get some income each month (hopefully) but even with rentals, you are building more and more work with each new asset in the portfolio.If you want to be passive, you start investing in other operators, either as a private lender or equity investor.  

How important is being in a mastermind in your local area vs being involved in one in the market you plan to operate in?