Hi Everyone,I have a client who is looking for an apartment complex in the NJ, PA, DE area and I wanted to ask for advice on ways to search for apartment complexes.

I would NEVER think of going into a bank and asking for 350K to fund a multi-family complex. 

I think that small apartment complexes are a good way to go, try to find a property that you can add value on.  

@Christian Bors upon further review, there is a waste management complex 3-4 miles away AND one about 75 yards from the house in question.

Account Closed The same dollars that just bought a Class A 15 unit complex in Encinitas at 4% CAP considered buying a 10% CAP retail property in Encanto ... and decided their money was better spent buying the 4 CAP.  

An 8 family complex came up for sale just blocks from my house.

Do companies allow landlords to have a more hands on approach (In the interest of saving the landlord money) by letting the LL manage simpler tasks  (collecting rent, managing repairs) while the Company manages more complex tasks  (tenant screening, evictions, handling other legal stuff )?

Mostly interested in multi-family, buy and holds and recently apartment complexes have triggered my interest.

I was looking at this apartment complex and ran the numbers on BP's calculator and thought I might as well ask for your opinions on this deal.

Its complexity is what makes it so interesting.