I would start off with fewer units (around 18) then large complexes later unless there are plenty of homes that have tri-plexus and four-plexus that are occupied will cover your debt payments and possibly allows you to live there if your situation would allow you to possibly live there.  

I am also looking for apartment complexes in the southeast.Thanks!

I am looking for a job managing properties, maybe as a lease agent for an apartment complex  (second question, do you think that would be helpful for managing my own properties eventually?)

I am looking at a storage complex.  

So one of my big goals is to own a large multifamily apartment complex.

So I guess you'd say he's becoming a mentor to me.We're both interested in getting into apartment deals and I am in talks with a realtor about a small complex from a older couple looking to retire.

I.e. with your $600K to $700K you could purchase a whole community of houses or an Apartment complex.  

Here is the condo:http://www.zillow.com/homedetails/1761-Red-Jacket-Dr-Antioch-TN-37013/108741488_zpid/Rent comps for 2 bedrooms in the complex are anywhere from 1200-1300, but I couldn't find any rental comps for a 3 bed.

Thanks Travis- our realtor recommended a reverse 1031, but with the complex transaction my folks are involved in, it didn't appeal to my Dad to pile more on. 

I think a lot of the neighborhoods are mostly single family homes and the rentals are more apartment complexes instead of  duplexes/triplexes that were built or converted & split from single family homes.