If I chose multifamily properties the goal would be to upgrade over time to larger complexes, if I chose single-family properties then the goal would be to hold on for a long time. 

So could also depend on where you think market is going.Some people say they only want to buy cash flowing properties...and I don't have a problem with that, but they also have missed out on plenty of opportunity in many cases as well.Think about anyone who builds a new apartment complex or does a flip.....negative cash flow day one, but hopefully windfall once you get it finished and filled up.

Think about this: Who in their right mind buys an apartment complex with 7% interest rate debt, at a 5 cap?

-Don't buy a single family short term rental deal that backs up to a 5 story apartment complex. 

I have one SFR rental, so I'm not deeply invested, but agree, the financing on larger properties seems a lot more complex. 

I always see that land development is more complex

Hi Justin, One thing I've found working in a large apartment complex was deciding based off the pet itself.

At the very least you might lose your shirt, at the very worst you might find yourself dealing with gang issues in an attempt to turn around a partially occupied apartment complex from a thousand miles away.

@Dave HolmanI would actually think this would just make things more complex for you to track everything by project and then bill your other LLCs.  

If he opts to buy the property, rent paid during the lease period is applied toward the purchase price.Because owner financing can be complex, we recommend working with a licensed attorney who will consider your best interests when drafting the necessary documents.