Sweet Spot of Multi-Family Investing for Beginners

[Steven Nguyen]

Hello BP Community,

I've been told the sweet spot of multi-family investing is between 30-100 units.  Under 100 units, you are not competing against the large syndicators, but above 30 units provides enough cash flow and value add to potentially retire from your W-2 job.  Owners of 30-100 units are typically mom and pop and I've noticed lots of them are starting to retire and their kids want nothing to do with the property.

I see this is a potential opportunity to get my feet wet in multi-family investing to start building my "resume."  Has anyone found any success in this sweet spot and how did you find your properties?

Thank you.

Steven