It represents a passive investment option for individuals seeking to save money beyond traditional savings accounts, without delving into more complex investment strategies.

Here are some considerations:Higher Initial Investment: Multi-family properties are generally more expensive than single-family homes, requiring a higher down payment and potentially higher financing costs.Management Complexity: Managing multiple tenants, leases, and potential tenant issues can be more complex and time-consuming.Local Market Demand: The demand for multi-family units can vary significantly by location, potentially affecting rental income and property value.If you are more interested in Class A or B properties and have a less cash flow-dependent plan, residential properties can be a simpler place to start.

Purchase price: $776,000 This is a 4 unit townhome complex.

These are more complex legal structures that can provide even more protection than a traditional LLC alone.

These are more complex legal structures that can provide even more protection than a traditional LLC alone.

Now, taking say 24 + units, a complex, that's another matter.You probably have the skills needed for multi family, might not for retail or office or business anchored operations.

Many years ago I was talking to a tenant at a complex we owned and she made a comment about her credit being so bad that she had to give a "double deposit".

How would you all go about finding buyers for a large apartment complex.

Currently in the middle of a 7 unit complex rehab.

I share the details here to show what a series of small low-risk transactions can do over the medium and long term to build passive income for retirement.The PA is for a 1 BR condominium unit in a 150 unit complex where we already have 22 units, bought in 3 earlier transactions.