Though I would caution you on hard money lending until you understand the industry a bit better, that can be very rewarding but you have to be able to do your due diligence on deals because you're turning over your hard-earned money to an individuals project, often a flip. 

As an individual investor it’s nearly impossible to wear all three hats and execute efficiently and effectively, especially on a large scale.

There are more complicated strategies to maximize larger listings that involve having like multiple listings for same property and do individual room rentals when it is slower and then for larger length stays, larger groups, and more desirable dates you'd book the whole space, but I think its easier to just do two separate. 

I really don't know the market there well enough to guess the definitive answer but I know when I break down the data in my own market, I see a wide variation in price trends in the individual price bands.

Quote from @Martin Jones: Hello, I'm young individual who is interested in long term buy and hold multifamily real estate.

I'm seeking to be in an environment with like minded individuals to learn and network to grow my portfolio and eventually network to collaborate on larger deals once I have a better understanding of the commercial side. 

Use caution when borrowing against your stock portfolio, especially if it's a high volatility portfolio comprised of individual companies.

For example: the multifamily sponsors will usually pay the considerable extra cost required to do a cost segregation analysis and this will increase the investor depreciation in the early years (versus an individual, direct investor who often will skip doing this because of the cost).The advantage of the passive investment is that you don't do any work.

I'll try to get in touch with everyone individually (though I'm not used to how the forums work yet).I'm also not sure how to make the at replies work, so that's a bit of a bummer.Anyway, as for location I'm in Kumamoto and investing mostly locally.

When they got back to TX, friends asked how it was, was it worth it, holly cow that was so much $ they spent and "Betty-Jean" says with a smile ear-2-ear "it was everything I had hoped it would be.....