Unfortunately, the rental condo unit that I own is within a complex that has fallen below 50% owner occupancy.

They have been building massive apartment complexes everywhere.

Does anyone predict when the multi famialy market will go down to when prices are low like a couple yaers ago? I want to wait until teh market goes down to buy a few. Let me know

As a young adult, I see this a great opportunity to begin my investing business with lots of time on my hands before the responsibilities of a family and kids.Ultimately, I want to invest in multi-unit apartment complexes, but realize that I have to start somewhere smaller.

I am in need of advice of wheather to purchase a single family home or a single apartment unit.To provide you with a little background on the apartment unit property I am viewing here are the numbers:4 bed 4 bath in a college town93% occupied/filled rate over past 3 yearsAsking price: $85,000Down payment: $17,000+(2-3% closing cost)Mortgage payment: $443 with mortgage, property taxes, and insurance (assumption 4.25% interest rate)Monthly Rent per tenant: $350Monthly HOA Fee: $250Monthly profit: ~$700+One of the factors that is holding me from the deal is the following:1.) greater appreciation if I was to buy a single family home vs the risk that additional apartment complexes are built in the college townWhat are your thoughts experienced real estate investors?

I have been buying condo's in the same complex for alittle of a year.

Appreciate some BiggerPockets Community advice on which loan is better for our multifamily apartment complex.  

If my math is right that's 5.5 percent I am in contract for another condo through hubzu in same complex for 44.

<g>Ever notice how on those carpenter shows even the most complicated wood working details:  complex finger joints, delicate inlays, and etc. all fit Perfectly the first time?

While it may work in individual tenant circumstances, on the whole aiming for large amount of public assistance to rescue a complex isn't a sound strategy.