Happy New Year.I grew up in Dallas, graduated at Lake Highlands,  and my sister manages a complex in old East Dallas actually.  

Long-term leases are less operationally complex and face fewer regulatory risks - more stable and scalable option.

The GC can handle the entire project, coordinate different subcontractors and make sure the project is completed per building codes - especially if the rehab is complex or involves multiple trades like plumbing, electrical, and carpentry.

We've seen 3% for 100+ unit apartment complexes, but they also have onsite staff not included in the 3% management fee.Two other pricing options to properly understand:1) Fee charged based upon tenant payments or just occupancy.

It will protect you for cheaper without the additional complexity.

A single investor purchased a building in an upscale condo complex and leased all units to Section 8 tenants.

There is a condominium complex that is fantastic for short term vacation rentals.

I had a 1031 client who sold an apartment complex in Iowa and purchased five houses with me in Austin to use as short term and long term rentals.

@Jason Tucker, I'm familiar with co-living single-family homes but not an apartment complex per unit.

They want them all jammed in large apartment complexes, run by large companies, in concentrated areas, away from them.