The best part was that the numbers for cash flow were great, so the appreciation was an awesome bonus.There is a shortage of affordable housing in Phoenix and while there are tons of huge newer complexes, the rents at those places are generally higher.

Get a good return on your cash in a fund and when market eventually drops ( 1-2 years) I would take the cash out and buy an apartment building /complex with as many doors as you can afford .

I live in Bayonne and have seen progress towards positive change since moving here (luxury apartment complexes, ferry, Costco, Military Ocean Terminal redevelopment, bike share, park improvements).

There is huge potential in clearing out the extra land that is currently forest and adding multiple apartment complexes but that isn't a project I feel like I am not ready for.

Every now and then I'll do a commercial multifamily transaction (Eyeing a 12 unit complex for one of my investors now) but those are a little more rare. 

I look forward to moving into small multis soon an working my way up to bigger complexes.

I have a 64 unit apartment complex under contract here in Colorado, and we are wrapping up our due diligence.

If I design a 10 unit apartment complex and have land in a great potential area, how do I go about getting bonds/money financed to build the property?

We own a 12  unit- 1 bedroom apartment complex.

However, there are some strategies regarding partnership shares between two spouses that may create a more beneficial tax situation with regard to income that's subject to SE tax- this is a more complex setup and should be done by a professional.