This is a multi unit complex, therefore they are renting units but let's say it was to be found in a house.

In my mind, I would like to have multiple rental properties (residential and commercial), some apartment complexes, and other JVs within the next 10 years.

My Name is Matt, I'm 25 and as the title states: I'm interested in MF units and apartment complexes (in the Midwest).

I am planning on buying a 10 Unit complex for my first rental.

Why don't you just wait until you pass the 2 year mark and save all that sweet profit for your pockets?

With some exceptions, for single family the sweet spot is likely closer to the $200k range, where market rents are more likely to provide a decent (@10%+) equity return. 

Sweet!

You would be surprised to see that condo complexes don't factor in all the items they should be when determining their budgets and savings allotments.  

Long term, my goal is to replace my 9-to-5 income by growing my rental portfolio to include multiple apartment complexes. 

I have a two year plan to sell the condo and move into a single family home possibly in Encino.I currently owe 295k on the condo, two units in the same complex just sold for just over $500k.