It's just an illustration of what you can get done for you without ever being in the market you are investing in.

Disclosure:This above is for information and illustrative purposes only and is not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action.

I understand there are probably multiple exit strategies in place and the general idea is illustrated before you begin, but it just sounds like a mutual fund to me.  

I bring this up to illustrate that generally, you will be able to attract the best quality and longest tenure tenants with a single family rental....though exceptions exists (ex. maybe luxory high rises).Personally I'd stay out of properties unit size 2-30 units.  

With one tenant property located in Estero, FL; I am looking to add more.My website illustrates my ability to create valuable designs.  

Lets use a real simple example here to illustrate, and these are by no means real numbers.

The reporters concern was about rooming houses, but the Mayors answer encompasses those 2 families, the type that I own.All of these issues are local, handled by its respective building departments, planning departments, zoning boards, and believe it or not, home owner associations which I'll get to later.My own 2 family is a good illustration.

Building Construction Illustrated by Ching and Construction Management Jumpstart by Jackson

I hope it helps illustrate the point, at least.

@Peter KimAs has been mentioned you have the low/high cap rate and who it benefits backwards.It's an inverse relationship.A high cap rate is good for the buyer because they get a good return on their money.A low cap rate is good for the seller because they get a higher sales price relative to the NOI of the property.To use some numbers to illustrate the relationship.Let's say a property has an NOI of $100k.At a 10 cap, that property is worth $1M; 100k/1M= 10%At a 5 cap, that property is worth $2M; 100k/2M= 5%So from the buyers perspective they obviously want the higher cap rate, just as the seller wants the lower cap rate.