Unit Mix and Apt Location

[Mark Whittlesey]

I have always tried to avoid complexes that have anything more than a nominal amount of studio/efficiency apartments.

And to avoid complexes that were "beyond" the suburbs (say 30-60 miles outside the large city I invest in).

I would love to hear what other multi-family investors have found about these 2 issues.

(It seems like I might be missing some deals but at the expense of added risk.)

Thanks.