Sponsor has stopped distributions....also saying they are keeping everyone's money in longer and plan to refinance because of the economy things are not working out as planned.

Makes a huge difference especially in our economies of scale business model. 

Multifamily gives great economy of scale.

It is massively different in the Uks market as years ago there was a big market boom where house started went Up by £100,000s of pound  sand the henchmen the economy crash happened and now money is made throughout rentals and lease deals Anschluss house flips.

The city’s diverse economy, driven by key industries such as transportation, healthcare, and education, supports a robust rental market.

Choose your property wisely, multi-unit properties like triplexes and fourplexes offer potential economies of scale and income diversification.

I am not at the point that I can take advantage of economies of scale, so I plan to continue managing my properties.

Memphis also has a diverse economy and a growing job market, which helps stabilize rental demand.Moreover, Memphis has a strong rental market with a high percentage of renters, which aligns well with a long-term passive income strategy.

As you may know, a good portion of your monthly rent will not go in your pocket, it will go to the constant maintenance, upkeep, repairs, taxes and the like.Fourth, ask yourself... if you have a vacancy, the economy goes in the tank, you have huge unexpected repairs, etc....will your tenants chip in to help you out?

In my personal opinion, I think the largest factors will be the state of the economy; primarily unemployment rates as well as GDP growth.