or an apartment complex. 

I won't go into the whole complexity of how I have things set up, but a few things I'll share: 1.

I have around $500K to invest and also have the opportunity to pool additional funds from investors, totaling approximately $1 million.Considering the complexities and governmental regulations in New Jersey, I'm struggling to make a decision.

If a Cost Segregation Study had not been performed on this $883,000 apartment complex located in Vista, California purchased in 2021, it would have had first year depreciation of approximately $32,700.

I am a GC in phoenix building simple duplexes and 4 unit complexes. 200/ft is way too much for a simple duplex.

My thought here is STR maybe townhomes/condos if STR is allowed in the complex. 

This just seems a ridiculous amount of money & a crazy complex amount of paperwork that I have regrettably signed up for ....Any advice or experience in this area would be extremely helpful !

In Detroit Area, I consider East English Village, Bagley, Detroit University, to buy first house turn key around 150-200k, than after I gain some experience(~6 month) with just renting, go to the next level of complexity and do BRRRR there with people who I can trust after first deal. 

From my attorney to lenders, each played a vital role in navigating the complexities of the transaction.

@Daniel Lozowy I am looking to get into 20+ unit complexes.