No, it won't scale, and it's no fun to deposit, but the firm, full, heavy feel of the envelope in my hand...oh yeah, it just does something for me...

@Thomas S.Great advice - thxSo if I took out a large amount as protection, the hope is that there will be an HOA decision during the process in whicn he objects to the withheld funds.

To build in more passive you have to scale and add in many layers of management.

The guy spends large chunks of time away from the home for his job.

There are large syndication-type companies that will often structure a MF acquisition into a TIC structure for this exact reason.

The asset was originally built in 1968 and features 34 one-bedroom units, 28 large two-bedroom townhouses, and 6 large three-bedroom townhouses.

I do run into older investors usually 70 and above who own big size portfolios and that was there business for decades running rentals. and by then they are all free and clear.. cash flow very large with no debt.. and monster equity of course even if the props never went up.as long as cap ex and turn over did not kill them along the way.. its the back bone of being a landlord..  

It's pretty much only going to be families for a property this large and expensive.

Rents make up for the high taxes, you’ll have a large pool of tenants to choose from.

If you need cash flow starting out and then want to scale to higher quality areas for appreciation, I have seen very successful BPers recommend this if you can be more hands on in the beginning:Buy C, then D, then F, then B, then A.