It seems like you are either taking bad experiences that you have had, or things you have heard, and you are blanketly applying it to entire strategies that have worked and been helpful to tons of people. 

out of 100 HML maybe 5 do new builds.. and zero will do loans for someone with no experience so that is going to be the key if you have experience or not.. if not they then like to see an experienced GC on your team. 

I’d love to connect and share my experiences, let me know. 

As a SFR investor for over 15 years I have been wrestling with this question in the past, because it feels like you should upgrade to "bigger".I know for sure that I would not enjoy the ownership experience that comes with a small 4F, because in Milwaukee that typically also means lower income tenants. 

I focus solely on Detroit proper because, in my experience, the rent-to-price ratios, opportunities for value-add projects, and overall market potential are much stronger there.That said, Detroit is a nuanced market.

I'm curious to hear from those who have invested in airport-adjacent properties for the long term — how has your experience been?

I can say my personal experience has been pretty mediocre.

@Mitch ProvostFrom my experience of working with over 400 investors, your property near Texas A&M in College Station/Bryan has strong investment potential due to the consistent demand for student housing driven by steady enrollment growth.

Does any have any experience with that.

Look for one that has other listings and experience in the area.