If the numbers make sense, multi-family would be a great way to scale faster.

A big trend right now is large dev corps like TRITEC coming in and building "Luxury" apartments near the LIRR stations for a premium.

Diving into a large apartment building before you learn what you’re doing will likely be disastrous.

As a landlord I know I am responsible for when plumbing goes or replacing a large item such as a stove. 

It requires a way to scale to a large number of units as a few hundred dollars of cash flow per unit does not go very far until the unit count is fairly high.  

If you quality you will enjoy the benefits such as large contribution limits up to $61,000 per year, exempt from UBIT tax on leveraged real estate, ability to invest tax-free using Roth sub-account and more.

@Keith McMiller, I have three rentals but I am looking to scale up so I want to be able to assess a property before I put an offer on it.

And I don't see supply catching up anytime soon -- sound off if you don't agree, maybe you see something I don't.I read in some other threads here that the new stuff being built is the newer/nicer and larger scale MF units, and obviously that is going to rent at higher rates, being newer/nicer and all. 

Maybe on a small scale, but in a tight market, buyers are slightly hesitant to give anything away, be it to a colleague, lender, or anyone in between, regardless of the likelihood.

I plan to scale up on buy and holds quickly and work as a buying agent for other investors.