For instance with my clients we have looked at that level of 100 units and sometimes find an out of county or state PM company running the complex.

It is located in a complex where only 1 other unit has sold recently, but this unit is a 2/2 with 1178 sq ft.

Right now we are paying about $1,000 per month for a garbage dumpster at my 24 unit apartment complex, and it's pretty much always full.

This jump from multiplex to apartment complex feels more frightening the further I dig!

Currently, my residence is a 3/2.5 condo in an 18 unit complex.

You might be able to buy a 2-3br condo though and rent out the other bedroom(s) to school mates and they will cover most (probably not all) the costs of owning and you will have your own place to live.You can do FHA 3.5% loans on condos, but the complex has to be approved for it.  

I believe that partnering brings some complexity.

A Little bit about me, I am an investor in Las Vegas who is looking to make the ultimate leap into multi unit complexs.

And even then, hope your B/C complex doesn't get left in the dust once the new subdivision or apartment block gets built down the road. 4- vacancy and repairs are related to an owners distance.

That's a massive retail complex that Magic Johnson's real estate investment vehicle is partnering to build by the SoCal architecture school downtown.