There is a newly built Class A 47 unit rental property  Sky View at Crawford ( lease up from 0% to hopefully 100% and value add by garage parking, valet trash etc ) by ​Skyview Capital, a DFW based Commercial Real Estate Development and Acquisition company as General Partners.

I am just getting started out in multi-family investing, so would like look into smaller apartment complexes (less than 10 doors).

Sean, I have some deep domain expertise here.For starters, I own 12-doors in Detroit (from California).

Exterior didn’t need much – sharp new accent color for exterior doors, and other aesthetic enhancements, plus some upgrades on roof flashing and weatherproofing.We discovered that the ground level water intrusion was because a huge crack in a sloping sidewalk next to the building was funneling all the stormwater right over the sill, into the onsite-manager’s unit.

That guy got caught building a garage without a permit in March 1996 and had a stop work order issued. 

I can relate to the cold winter's that will soon be knocking on your door. 

Now, I own 9-doors here in Columbus and am aggressively scaling my portfolio.

I will say though, if you take a look objectively you might easily find a way to adjust the floor plan with just adding a wall or door.

My lease says I get paid $40/hr to do work tenants are supposed to do or fix their damage.The job sounds easy, especially if you have leftover paint or the paint formula.

As someone with househacked properties, garage conversions and all sorts the "2%" rule is near impossible.