Should I only use net income when determining the value of a apartment complex?

Exploring options for financing first apartment complex that is 16 units.

I think that's actually a good starting niche, mostly because it is focused on just one type of property- small apartment complex.

Me and my boyfriend are moving to Jacksonville to invest in multifamily apartment complexes and have been looking for someone with a legal background.

Have you considered doing multifamily (apartment complexes) instead to scale up faster?

My SFR acquisitions have been great, but I'm dead set on stepping up my game into apartment complexes.

They are geared for large and small unit complexes and single-family homes.

What I really got from this is that as I knew, the tax code is really complex and I should definitely have a qualified CPA in my team and work out tax strategies beforehand.

It was/is my first investment and an old guy told me to go to an apartment complex that is close and ask for the rate on a 3 bedroom (what I had available), and start with that.

most investors would like to own or co-own a few 200-300 unit apartment complexes but you gotta start somewhere right... keep adding units and cashflow until you have $200-300k in equity in several houses and then sell them and boom...