I prefer to do it over them phone or in person-you can learn so much from tone of voice and body language.

That property is still producing a 20-30% CAP.

Have they ever been sanctioned or issued a cease & desist by any regulatory body or the SEC?  

Apartments do offer economies of scale, but you have to understand that the apt. market is red hot, w/ compressed cap rates, and generally don't produce as high cash flow return %'s on an as-bought basis as 1-4 unit properties.  

I don't really look at which one is the "most profitable" in and of itself but rather which produces the most passive income with the least amount of liability and daily involvement.The lending business is great because I do not use any of my own funds, I am in the safest part of the equity stack, the investor takes all the risk with the rehab, and does all the work. 

They have not produced any financials and the realtor is not sure they will.  

I am now mentoring and coaching new agents and am one of the top producers in my market center.

I'm guessing both would be fine, but which one produce more deals? 

Hi Brent,By definition, a condo in Florida has to have an association as a governing body and some means to fund maintenance of common areas.

Even moving bed frames and such across the hasn't produced any scratches that I can see.