Thus, my assumption is that $850 a month might be pushing it and it is possible I may see the rental price roll back to $750 especially if there is a downturn in the housing economy. 

@Gustavo Gonzalez1 major reason (among others this isn't an all conclusive reason) everyone is talking about apartment investing via syndication as the best way to enter the multifamily  space, in addition to taking advantage of economies of scale is...., It's a team sport AND if you're just getting started (you stated "enter") you want a team that consist of good operators that have experience.    

I really think believe large multifamily is a great direction to go in right now, primarily due to the economies of scale.

It is much higher risk as it is highly dependant on home owners and the economy to create value.

I'm brand new to the real estate scene but I figured with the way the economy is it maybe a good time to at least check it out and see what it has to offer.

https://insiderlouisville.com/economy/nulu-kicksta...I think this is great!

What effects will it have on our economy?

Economy of the area is the very first thing that is important to me.

He wanted the pace and simplicity and has been very happy since.The other big driver in terms of the economy and population that I don't think anyone has touched on has to do with DSM's location. 

We love economies of scale.