They are 100% correct.The downside sometimes to forums is people have a superman complex and get the impression real estate is easy as they think everyone is doing it and just jump in without the knowledge or expertise.

We had a wash & fold service with pickup & delivery, which added complexity to the operation.

Larger properties offer economies of scale and better financing terms, but they also come with more complexities and higher upfront costs.

Residential subdivisions, while potentially less complex, can be hit-or-miss depending on local housing trends and the cost of infrastructure development. 

It just adds complexities and costs without any benefits. 

It markets our properties, screens our tenants, collects our rent, deposits it into our bank accounts, has full accounting and reporting features, has a tenant facing web portal & app where tenants can log in and report maintenance issues and see their account, etc, for $2/door/month - but they have a $45 minimum monthly fee... so up until you cross 22 doors it would be $45.

From my view, neither property type (with the right features) suffers from the same potential downside appraisal risk as converting SFR or duplex.  

Looks like the first deal I’m analyzing is a bit complex on the tier structure, so I’ll have to carefully review the cap stack and waterfall.  

I love a risk if it means a reward. we’d love to buy a rental in our future home state but recognize the complexities of that.

I found an apartment for sale with an assumable loan. The loans has 35 years left with a really good rate. My question is how do I work out a deal with the owner so that I pay him back over time the equity? I don’t ha...