Hi - I used to be a part of REeBroker Group which had MLS-only membership. 

If Apartment A is a 2-bed/1-bath with a washer/dryer and Apartment B is a 1-bed/1-bath with no washer/dryer, Apartment A should pay a higher rate.

A local property manager will make this much easier and handle the visits for you.Single-family homes can still do well, even with more apartments popping up, as they cater to tenants who want privacy and space.

Looking to build a multifamily apartment portfolio in Tucson and Phoenix MSA

Most likely those would be smaller apartments, sub 50 units.It is harder to find solid property management on the smaller apartments.  

My main hope from being a part of this group is to learn from investors or syndicators that are more experienced than I am.

Hello @Timothy Hilario,I think there are benefits to both strategies.If you move out of your apartment and rent it as a mid-term rental, you could see decent cashflow without pulling equity out of the unit.

I am also still in school, and I have a part time job.

Personal criteria, building criteria and area criteria will all affect the way a deal appears on paper. two 100 unit apartment complexes, one in an A area and one in a C+ area will have very different financial breakdowns and interest groups.Want to know if a deal is good (for you)?

I’m curious what rates look like these days for a commercial apartment building around 1.5M.If any lenders could chime in or investors who have seen recent rates please share!!