This is becoming more common but it's likely you could get full replacement cost elsewhere depending on the age. 

In my experience though, even for my term business the average age of a client is 60 years old.

I am nearing retirement age so I don't want to tie it up for another 20 years unless I am getting some cash flow right out of the gate.

what about the age of the homes and the maintenance costs?

It will be a new asset with little to no cap ex, and lower expenses.With an apartment, if you buy an existing building, you will cash flow day one, but there are other concerns, such as age, property management, debt, exit strategy.It depends upon your goals with the money, if you're trying to create income, or if you're trying to go into the business full time.Gino

@Nicholas SchwarteOne of the best ways to accumulate riches and achieve financial success at a young age is through house hacking.

I actually don't like middleman banks almost as much as I don't like middleman property managers. lolIn this day in age, I should be able to have access to my money whenever I want, without jumping through hoops: two-factor authentication, giving my SSN, DOB, address, verifying over the phone, etc.

what is the age of the buildings you are looking at?

Cash, Zelle, Venmo, in todays day and age are you really asking this?

A lot of opportunities to buy aged C-class homes at 8, 9, 10 caps.Small investor expense ratios are 40%.Large operator expense ratios are 37/38 %.Large platforms/institution expense ratios are 33/34%Big benefit of blanket insurance policies is to drive costs down.A lot of BFR is looking for a bridge product for 2 years to hope rates get back down in the 5% range.Cannot use HPA on BFR communities you plan on selling based on cash flow.5-18% rental premium being achieved based on new construction communities compared to new construction scatter sites.For real time comps go to biggest operators BFR, small multifamily.More confidence about the cost of construction having stabilized.Some products which will not be good for retail buyers will also not be good for rentals.