If I were to guess, I would say that we probably have 8 move outs and 16 move ins per month on average....roughly one move in/out per workday....this varies considerably where I live as we are most volatile from April to June and Sept. to Nov....Winter is slower (in and out) as is mid summer (vacationers?)

Thus whatever deal the person is marketing better have some strong financials and considerable equity of their own in the deal.This is just the reality of todays market place

Therefore be sure you have professionals looking over your deals and operations as the costs go up considerably once you make a mistake. 

@Craig Peck My larger properties 5&8 units take considerably more time and effort than do my 2-4 unit properties.

@Chris Hutchens Eastside primarily (most distressed area that is a big focus outside of downtown), Harvard Place/Eastlawn, Denver Heights .. many near St Phillips Coll, UTSA, & the AT&T Ctr .. and expand out

- Investing with a Friend: Tips on structuring partnership and legal/financial considerations?

Hey Freddy, One big consideration you should be thinking about is fire alarm/sprinkler system.

The Underwriter may also have a final consideration depending on the circumstances. 

Good luckThanks Dan, thats what I was afraid of, my target is hold for 10 years so I am hoping I can refinance at some point and sell at a considerable higher value in 10 yeras or so. 

I think a bigger risk in the short term is for the more up and coming areas like Ashview Heights where we’re starting to see some activity, but it’s not as developed as parts like Adair Park for example.