This is true some times, but in some scenarios, brand new properties end up producing significantly MORE maintenance/repair headaches than older properties.The reasons are:1) Some building techniques/materials are far superior to those used in the past, but some are not, and some are unproven.

Both cities we moved to had superior schools to CA no doubt but that was only important the first move.  

Think of it, instead of doing deals 1 at a time, you get to leverage your network, their money, better systems and technology, superior debt, and multiple units under fewer roofs :)

.- Most (not all) people can find superior cap rates in out of state.

@Mike DymskiHey, at least we are in the “game”.Experiential learning is so far superior to book learning.As the famous ad says: Just do it!

This is true some times, but in some scenarios, brand new properties end up producing significantly MORE maintenance/repair headaches than older properties.The reasons are:1) Some building techniques/materials are far superior to those used in the past, but some are not, and some are unproven.

There are still some deals out there for those who have superior networks, niche or systems to pull properties before they are made public.

I hate hiring lazy contractors when I know I my work is far superior to anything a day laborer is going to slap up.

They claim there are certain tax benefits to this structure as well and that this system is vastly superior to the traditional banking one. 

I do not see how they will create superior returns, with such a large infrastructure.