It is very important that you deploy that capital, especially with inflation rates so high, but it's equally as important that you take your time and do it right.Don't buy a bad deal just for the sake of buying a deal.Get educated.

A buddy just closed 242 units while deployed.

I co-invest on my deals now because I have cash to deploy and it's a good selling point with investors. 

Yes, that's true BUT: either permanent change of duty station or deployment on active duty for more than 90 days.

There are many ways to go about it but your model, depending on the area and how you deploy surely has credibility.Let me know if you'd like to chat.Johannes

The large deployments have stopped.

I will note that pretty much ALL of the deals we finance are institutional-quality properties with exit strategies of either 1) refi via long-term, permanent takeout (life companies), or 2) sale / disposition to institutional investors.So as I individually attempt begin my personal investing career (currently in learning mode with capital ready to deploy), I understand that I can't just walk into a room full of sophisticated, savvy and experienced investors and announce that I'd like to participate in a "sure thing", ground-up 350-unit, class A apartment building in midtown ATL.

My buddy and I grew up playing sports, saw each other just about every other day, had experienced deployments together, and even experienced great loss together when our third co-best-friend crashed his motorcycle in front of both of us and died in our arms. 

We could only manage about 10 properties or grow big enough to hire employees because in the middle of June I deployed for 6 months. 

I am also a great believer in investing when there is distress and deploying capital when you can.If you are looking for yield in the short run, Manhattan may not be for you.