I have been sitting around and lost out on some multi families in the markets i'm looking at investing in. 

I have done land subdivision and develpment, and have owned multi-family, as well as commercial property. 

For example:  Will these be solely commercial (retail, office, etc) or will you be looking at residential multi-family as well? 

This could be a strong option if you decide to pursue multi-family investing. 

@Ashley GuerraTo build a profitable portfolio in South Jersey, choose a single-family house (SFH) approach with closeness to schools and safer areas, or a multi-family home (MFH) strategy using FHA loans, seller financing, partnerships, or responsible leverage of family home equity.

Especially if there is no multi families in your zoning area. 

Over $800 Billion sounds like a big number. $2,400 per person in the US. 

You could also look for a small multi family for 1 million and have the 275K (down payment) for that duplex or fourplex. 

@Dave Foster - how would you move capital from residential investments into commercial multi-families through a 1031 then? 

Like a trust.LLCs do not open some magical door to more tax deductions.I tend to recommend LLCs where the properties are located, but then those LLCs are owned by a Wyoming multi-member LLC.But if you think that you can skip fixing that loose railing and hide behind an LLC when the tenant is injured, you'll regret it.