Juice is OK, but the Wave is the one to have.

I don't know if it's the life style for me, but I could really see it's popularity catching on in the right market.Reading all the posts here have really got my creative juices pumping on this.I think it would be really fun to develop a tiny house community here in my home town; buy a large property in town, build a number of tiny homes creatively on the property, rent out the homes like you would an apartment complex (i don't want to say trailer park).  

Need to juice your cash flow, you can always add short term rentals to your portfolio. 

I would guess $1.5M in midwest/cheaper markets would do it, double to $3M in moderately expensive markets that appreciate nicely.I had about $2M invested to reach $10k per month net, but I started buying 15 years ago, 90% off-market, belly to belly with sellers that were at least moderately motivated. 

Marketing is important but real estate isn't marketing, it's not a numbers game like selling cars, you need to know your market, identify the belly of the beast because.....that's right, every deal is unique!  

That means this is a more valuable building because there's "juice" to squeeze via unit rehabs and rent increases.What have similar properties (50+ units) sold for in your area?

@Nathan Schoenborn well I don't need to listen to any pod cast  RE is most defiantly a belly to belly business at the end of the day.. at least in my 42 years at flailing at it. 

If lions only make half kills, they will never have the strength to get a full belly and they will always be hungry.

@Tish Bell I am heavily involved with RE in Western PA for over 20 years. i dont know DFW market but I do know there are home runs in every market.

You don't generally want to syndicate deals that are 6-7 on a 10-point scale because there is not enough juice in them to pay the investors and yourself.