This is an apartment complex that is close to Garland High School.

Internet was installed for the complex that is now a free amenity for the tenants, and we also put in storage lockers into the basement that are separately rented.We didn't get to all the units because the tenants opted to stay in them and instead just pay closer to market rent.

Downtown Phoenix has just been exploding recently with new luxury apartment complexes. 

In the meantime, thought you might enjoy this blog https://www.biggerpockets.com/blogs/8160/67620-purchasing-our-first-apartment-complex

Any complex over 4 units is considered commercial, so any apartment building counts.

Single-family home sales rose 5.3 percent year-over-year, with 5,260 units sold;Days on Market (DOM) for single-family homes decreased slightly from 67 days in February 2017 to 65 days this February;Total property sales increased 3.1 percent with 6,375 units sold;Total dollar volume climbed 4.5 percent to $1.7 billion;The single-family home median price rose 1.4 percent to $226,200, which represents a February high;The single-family home average price edged up 0.4 percent to a February high of $281,945;Single-family homes months of inventory shrank year-over-year from a 3.4-months supply to 3.2 months;Townhome/condominium sales fell 5.1 percent, with the average price up 2.0 percent to $210,887 and the median price up 4.6 percent to $170,000;Leases of single-family homes fell 11.5 percent with the average rent up 4.1 percent to $1,720;Volume of townhome/condominium leases dropped 11.5 percent with average rent up 2.2 percent to $1,515.https://www.har.com/content/mls/?

I'm in process of trying to solidify a deal with other partners/investors to build an 88 unit apartment complex in a rapidly growing area.

they generally know by this time after inspections, appraisals, etc...I had a tenant who moved out several months after we took over her complex.  

I'm new to this (apartment complex).

Tax preparation is complex, but TurboTax Software really takes the guessing out of it.