Market OverviewThe Los Angeles apartment market is comprised of 864,197 units in thirty-seven geographic concentrations ranging in size from the 62,684 unit Hollywood/Silver Lake submarket to the Tujunga/La Crescenta/Montrose submarket, which amounts to 5,448 units.

Hope you get another better offer :) ya my inclination is to pass on this buyer.. normally my wife handles all the buyers but I am working this one solo.. so she can concentrate on the 12 pre sale contracts she already has..

That is where I would concentrate. 

Scott Scheel has a good course about commercial real estate, but he concentrates more on apartment investing in his course while he is actively buying retail buildings and not apartments.The loan default rate on apartments is 58%, so before you buy an apartment building think why is it so high.Another avenue to consider is mini storages if you want to own real estate, the default rate is only 16%.

However, downsides include regulatory restrictions on bank lending, many institutions that restrict concentration and geographies, and other headaches and issues that arise when dealing with a slower-moving bank.DSCR loans are the option that has completely changed the BRRRR lending landscape in the last few years.

Because the backyards are so small, even a single dog is hard on the real grass (concentration of urine in a small area scalds the grass).

As the money we take a little different tac as we do not look to do this with the mass's and want to concentrate on one's who can do volume and appreciate a true Capital partner in their business. 

When i asked about the property concentration in Fund 3 versus the other two funds they mentioned that it was due to the low market supply for what they were looking for. 

However, the quickest way to build up enough assets to be able to leave your job and live on the passive income is to continue to do exactly what your doing - concentrate on equity building, not income building - UNTIL you’re ready to leave your job.  

I am not sure if that is true.I would concentrate on adverting the property so you can get more applications.