That could be a pain and will require a complex management system.For the investor looking to continually scale up and buy larger and larger commercial properties, he gets to take advantage of scale with each purchase, and the economics of having a larger investment in one, easier to manage location.The big commercial investor, however, might see disadvantage in that if he continues to scale, each purchase is of a larger and new type.

That being said, my youngest daughter recently rented an apartment in a 9 unit complex near UCLA.  

Then again these deals are more complex and you do not have a part time broker/agent doing smaller 3 million dollars deals and up.If you are buying sub 100k houses then the normal is the wild west.

One thing to keep in mind is that there are LOTS of apartment complexes all over Houston - below the $900/month mark for a 2 or 3 bedroom you could be getting the tenants that have been turned down by the large complexes.

It gives you great information without being overly complex.

Some of these can get complex with moving values based on artificial appreciation. 

I know people that time the closing of apartment complexes to line up perfectly with rent collection. 

One build and sell an operating complex.

The new apartment complexes they've built at Strata are doing really well (98%+ occupied).

That’s no small task—the law’s complexity is one one of its most noteworthy features.