One can try to calculate by taking % owned of common areas of the building and total size of the building and / or total size of the land owned by the condominium. 

I'm curious if anyone here has actually had any luck in pulling off this scenario.Small community bank is selling an apartment complex - in this case its 14 units.Instead of a traditional sale, they simply assign the property to an investor (Me) for say 5% down payment and at a good rate.  

I'm still trying to figure out my niche in commercial R.E. but I have narrowed it down to apartment complexes or mobile homes.  

I have not done any deals as of yet, but I want to specialize in commercial real estate, either apartment complexes or mobile homes (still undecided). 

And you all make some very good pointsBut from what I see with my eyes is that when I drove around Newark and Irvington NJ the other day i was in disbelief mainly because there were some areas that seemed like a location where they shot an episode of the wire and meanwhile 3 blocks away developers are building those ticky tacky 3 story apartment complexes.....Probably gated with a key code and off street parking to keep tenants safe but still not the best thing for the little guys trying to get into the game. 

Moral of my story,  I need a couple apartment complexes as soon as possible! 

Do any of you multifamily owners operate one of your units differently than a typical long-term rental? For example, do you think its a good idea to operate one apartment in a fourplex as a short stay, corporate housi...

There are some excellent deals in stockton, manteca, Tracy for entry level, new or very experienced investor willing to drive a little extra and have a bigger wallet, for what you can buy in bay area, you may buy an entire apartment complex or multi-family.  

Other than the neighborhood the house is in, most other renters in the area are in large multifamily apartment complexes.

Sixteen years ago I owned a condominium that I rented out for about 3 years, before I sold it.