I'm on Lane Kawaoka's e-mail list and I always think about striking out for something, but wondering if its worth it or if it can turn into a house of cards...It depends on the opportunity, the syndicator, the total amount of money involved, the amount you want to invest, how long you want to invest it for, the location of the apartment complex, the number of units involved, what your goals are.

Knowing this information, should I sell and take 300k(ish) to a bigger multifamily or apartment via 1031 exchange?

Yep, I have the same issues in a few apartments. 

We now have a cash flowing asset with $60k in equity built in, in a great neighborhood in Houston Lessons learned?

And most will be able to pay the taxes when they come due, and put on a new roof, and put on a new coat of paint.As well as replace the carpets, cut the grass on a regular basis, replace the windows, reseal the chimneys when the liners crack, etc..It's unlikely that that these homes will fall into the slum category in 10 years or so, and make the asset underlying the loan virtually worthless.Or just vanish when the place starts to fall apart too much, due to no down-payment (no skin in the game 100% loans).Said the lawmakers who approved this.

I am happy to be apart of this group. 

The process is equally rigorous whether you went to college or not.Regarding the original post, I suggest linking up with an experienced GC and working under them for 6 months to a year, even if it's just as a part time apprentice.

Has anyone invested in University Cove Apartments with James Kandasamy Achieve Investment Group?

A standard Landlord/Apartment policy will not allow the building to be owner occupied, especially if the title is no your personal name.

I’m currently based in the Houston market, looking to build connections with wholesalers, investors, agents, and others in the industry.A little about me: I’m 25 years old, originally from Corpus Christi, Texas, and I now live in the Memorial area of Houston with my wonderful fiancée and our Maltipoo puppy.