It's not a one-size fits all. 

@Sonal Chopra If your short term goal is to reach a net worth of 100MM in assets within a time period 10 to 15 years, you'll need to grow and scale a business to a considerable size.

Multifamily has a wide range of property sizes, types, class etc.

I went from $25,000 loans to $100,000 loans to $250,000 loans to an average loan size of $2,000,000.  

But, I believe that a fee structure like this is way worse than something simple like: "Good" Property Manager Fees:- 10% of rents- 50% or $500 lease-up fee- 25% or $250 lease renewal fee- 10% GC charge on projects over $1,000 (guarantees they will get 2-3 quotes on jobs of this size).- $500 - $1,000 flat rate breakup fee, payable only in year 1.This very simple, but higher headline, fee structure better aligns incentives.

@Spencer TillmanI agree price is way too high.1858 Rutherford is 2x size and pending for $422k and pictures show better1935 alfresco much larger and contingent $469k2126 speed is smaller but $130k lowerI know nothing of this area but my guess would be this ends up selling for around $350-$375k.

Currently working through some (very) preliminary due diligence with the goal of creating a template for 150 & 250 unit climate control buildouts in order to dial in an acreage size to focus in on for land acquisition, and to try and determine the most cost effective & scalable footprint to build as a "test" that can be scaled. 

Purchase prices are quite different ($240K vs $450K)...is that due to location and size?

Depending on the size of the down payment, we could take on a property that needs a bit of work.I have been using the BiggerPockets calculator to analyze deals though I'm having a hard time finding any that have positive cash flow in the first few years. 

Get a feel for the Size ($) of the discussion from the LLC or Non profit standpoint.