Nicholas depends on what your ultimate purpose and goals are.

(at least for the first few properties) I do not need cash flow in the short run but my ultimate goal would be to retire early from my investment properties.

It binds the landlord, but honestly has little binding effect on a tenant when they simply choose to leave.

If you value simplicity and consistent income over high appreciation potential, this might align well with your goals.

My goal is to 1031 the entire portfolio into a single large multi unit.

Goals: My wife and I would like to take our little family and move to a remote ranch in the west.

Yes it was , I have had this loan for 7 years now, they are growing the company from one into a RIET of 4 different businesses and the goal is going public once the company is in the right position.

Hello  @Thomas Sheehan,If your goal is to invest in an apartment where you don't have to concern yourself with maintenance and cap Ex, this deal (or perhaps another with similar rents and lower price) could make sense.The downside to deals like this is that your rents could eventually hit a ceiling as newer apartments (some with more amenities) become available.

I am just starting off, I have not yet decided on this, and would like some insight.My Goal: To build long term wealth, but also transition out of a 9-5 as soon as possible - without rushing of course and doing things the right way (I'm 25y.o.)I realize this is asking for the best of both worlds, and it's never that easy, but I'm willing to go to any lengths.

It can also be used to preserve assets acquired before marriage or planned for separate personal goals.