You seem like a nice enough guy and I don't know the facts behind your investment decisions, but my ability to obtain great financing has been adversely affected by the ill-advised actions of others.

Wifey will vouch that she'll KILL me if I add blue pills to my current abilities......Nick- I understand after seeing yours!

My reasons for selecting Springdale and Rogers are as follows: Ability to obtain 1% rule, good school districts in general, low crime rate, stable tenant base (Wal-Mart and Tyson), potential for appreciation as Fayetteville has seen substantial growth, and lastly I know a few people who live there and love it.If anybody else is familiar with or in investing in the Springdale or Rogers areas, I would consider partnering and going in on a larger enterprise.

But if you are buying undermarket with undermarket rents with ability to bump rents then you could transcend this.

The only other thing I can think of is the fact that most people buying apartments/commercial go off other factors than the Cap Rate, like the pro forma, ability to increase rents, cash flow etc.

Private and hard money lenders not only care about the quality of your deal but also about you, your experience, and your ability to repay, @Jonny Nila.

I am wondering if I am being too optimistic and perhaps overconfident in my abilities to be even thinking about pursuing a large multifamily property right now?

I know all the auto-review systems are what the cool kids are doing but they compromise your ability to proactively nix bad reviews because a counter review you never post hides your guest reviews (written not rating).

If they're still sketched out but you're confident in your ability.

So even if I lose the ability to generate income from the cash value that is securing the loans to pay the taxes, the remaining cash value will still generate more retirement income.