Small Mulitfamily's in Big Apartment Markets

[Nick Mulligan]

How do small multifamily's (3-4 units) fare when located in markets that generally have a large supply of large apartment complexes, like Orlando, Dallas-Fort Worth and similar markets. I am currently in Massachusetts, but foresee moving to Florida, Texas, Arizona within the next few years, and was wondering how a small property would do in markets like those. 

I'm looking at getting my first place here in Massachusetts soon, and I don't really have to compete with large complexes here. 

Your friend,

Nick Mulligan