Who has made the leap from a duplex to a 20 unit or more complex.

[John McKee]

Interested to know from those investors that made the leap from a hand full of duplex's to a larger apartment complex.  What did you learn about the bigger deal.  How did you manage it?   What systems did you put in place.  What was the biggest challenge?  Let me know.

[Mike Dymski]

I went from a 4-plex, an SFR, and some flips to a 30-unit community and transitioned to 3rd party management at that point. I did not have the time (or interest) in accumulating properties...and wanted something more efficient. For my goals, profit per property is a lot more important than profit per unit.

The biggest challenge is finding good management. Those middle sized properties are too small for professional on site management...and not a great fit for SFR management companies with slow turns and high maintenance costs.