There are only half a dozen agents/teams in DC with substantial experience in the multifamily sector.

While frustrating for the typical investor, the Blackstone's of the world still have to provide an alpha (outperform the market or other available investment vehicles) to their investors or they will park their capital in another sector or asset.Removing capital from a business is almost the equivalent of removing gasoline from a car, without gas the business can't run.

I would suffix that with the thought that now isn’t the greatest time to make that leap - with high financing costs and high prices across most real estate sectors.  

Pundits in the multi-family sector are saying we’re no longer in the time of 20% plus annualized returns.

It is definitely the trend for new builds to have ensuite baths for each bedroom so I agree with you that additional bathrooms are very valuable in the student housing sector.

We use Geraci Law Firm as they specialize in the private money lending sector and have an amazing team of attorneys that will help find the right answers.Tip 2: start small, or, work with an experienced private lender for your first few deals.

In Medellin you can find 150 sqm apartments in the best sector of town for 180k sometimes less.  

I am coming at this from a stand-point of having bought $40MM worth of apartments in 10 months, and while the Cap rates are compressed and per unit costs are elevated I am very bullish on the sector in specific locations.I am seeing folks underwrite to the yesteryear, which I understand coming from those who were around in 2008.

You pay tax on the difference but shelter the tax on the remaining gain.Any amount you take out in cash or any amount you purchase less than you sold the IRS will consider to be profit first as @Steven Hamilton II said.Don't forget that with the 1031 you can invest any where  nationwide in any sector as long as it is investment real estate

They normally have to have someone call back, at their own leisure. 3) They have not been able to keep up with their system to send the right documents to us on-time to review ie we got a report that a window on the door was broke, ten days after it was reported to the company.