And in part, it depends on the investors and capital that you have access to (this tends to play a factor in many decisions when raising outside capital).If you do want to go the fund route, you might want to consider using Avestor. 

You can get these up and running fairly quickly, and streamline the process.

The PM business is not an easy business and most have fair fees for the work that's required.  

Apply it fairly, but stick to it.

I believe this is fairly standard across the board.

I am far from an expert in this field as I have been learning alot myself but cap rate does play a role in your type of business.

I see it as most people are so wore out from being at the parks all they that they pass out and get up early to do it again.I don't even turn on the TV when I'm there.Kids have tablets to watch their stuff and play games on.

BUT, my business was built on being kind to tenants, and fair to owners.

I too believe that economies of scale will will give us more bang for our buck, but since MTR data is fairly new, it was also difficult to analyze the profit potential for a new 4plex.

For a number of reasons we are going to need to make that jump fairly soon, so if anyone has made the move already I would be very happy to buy them lunch in exchange for their thoughts!