Amenities also drive demand to a rental and its much easier to have something like a pool if you are in a complex.

There are some rare and complex circumstances where I see this would be beneficial.

@Tyler Speelman Your strategy to assist your sibling with a down payment while minimizing tax liability is creative but comes with complexities.

Some of my colleagues and friends bought millions, others tens of millions, and some hundreds of millions (or Billions) during that period.Real estate is a funny game - it tends to go up, yes, but it does not always go up, and it can go nowhere for a decade or more, as a lot of apartment complex purchasers from 2021 are about to find out. 

I also advertise before someone moves out to get a new tenant before the current one leaves. 100% occupancy on a LTR is very common for me.No idea on a MTR.100% occupancy sounds great, but for a bigger portfolio or apartment complex, it usually means you're leaving money on the table.Here’s an extreme example: I could rent out 100 units at $500 a month and make $50,000.

Complex Filings: Businesses with more complex structures may choose to prepare and wait for further developments.What’s at Stake?

A few months back, a fellow broker brought me a pocket listing for a newly built and stabilized 32 unit apartment complex. 

Taxes, costs, eviction complexity, etc are going to be a much bigger factor in your success than anything else.

Also no real issues with our 5 arbitrages in an apartment complex.

If you hire a PM, your financial account structure can be simpler.If you plan to continue purchasing rentals, I like some key accounts at the "management" level (income, opex, tax, owncp, reserve) and only have 1 checking account per property to prevent having 100 accounts and unnecessary complexity.