A good realtor should able to guide you on what level of rehab if any is best for your complex and market.

Background: I have a two building complex in a C neighborhood.

Unlike the usual way of doing this, which can be quite complex, I use a streamlined banking-style approach where you raise capital by offering savings accounts to your investors.

I've beenn moving over to Commercial properties and financing because, believe it or not, in many ways it's easier to get a loan to buy or build a $5 or $10MM apartment complex or commercial building than it is to play some of the games with residential rehab, schedule and chase contractors, etc.

Here in Denver, I see transactions of major apartment complexes where units that will rent for $1000 sell for $100,000.

It works, but it can also get very complex to keep all your ducks in line and I've seen many of the best entrepreneurs lose control due to their own success.

On the other side of that coin though there are a couple of high rise complexes going in so I suspect that next year or the following year they will be flat if not a bit negative.

A Great choice, apartment houses, you might want to start with a few units smaller complexes.

So many of the Freshman are living in apartment complexes off campus that the university paid for for the year.

I'm interested in purchasing a few apartment complexs in Kenosha WI.