I have done what you describe,  but on a smaller scale. 

Awesome story, Bobby, sounds like you've been able to take advantage of 1031 exchanges and scaling up.

Ideal target is multifamily (scale to be determined), but we're open to other property types as well.  

Initially our tenant will be living above us, so this won't necessarily be an issue at first, but we'd like to setup a system now that scales as we purchase future properties.After doing some research on where to keep funds, it looks like the common response is to either keep them in either an interest-bearing savings account, checking account, CD, etc. and largely to keep the funds liquid, so you can access them on demand. 

Suburban three story walk up style apartments are my guess at least 60% of multifamily large scale projects.

It just seems that majority, if not all of the highly successful individuals in the RE game, ended up partnering up with folks to scale up their business.

It's tough to scale and I'm stuck in it. 

I see a lot of wannabe investors, newbies, aggressively scaling investors, and very successful large scale investors on the site, but the little guys like myself tend to get lost in the wind on bp. 

Any amount of leverage is over leveraged on a deal like that ... scale that up to 20 and you will be working for the properties, their PMs and turnkey operators ... even if your numbers are correct (which they are not, I promise), all that work and all that risk for 20x$100 = $2000/mo is crazy.

Hey allAs mentioned before I am looking to scale up my portfolio in Houston and I am looking specifically in Stafford, Missouri City,Meadows place, Sugarland,KatyI'm more of a sfr b- to c level investor when it comes to deals ...I want people in my units that are renters and want to be renters...ya I'm aware of scale with multi family..I'm not against the idea but I like the diversification of location esp in Houston...I don't want a hurricane damaging a big chunk of my portfolio at once if flooding is localized...I'm not opposed to MF but the numbers have to be really goodWith that said...