Reading reminds me of Baltimore City in a lot of ways, just not on such a big geographical scale.  

Do I give up some cashflow when I buy a larger apartment building in exchange for economies of scale?

My search stemmed from the desire to get paid online and find a software that would allow me to scale my business.

Not yet sure if economies of scale work different for apartment buildings.What has been your experience, guys?

Now if I could just scale a business that sells people back their own things for a profit I'd really be onto something!

The next level beyond that would be to invest internationally.For me I would value more highly having a brand in a specific city and be able to exercise economies of scale with contractors, materials, etc. over ensuring that I am hedged against any type of economic changes.At some point I think it becomes a "chicken little" type situation. 6 units in 1 city does not seem excessive to me.Another simple way to diversify would be to invest in different types of units.

Tape measure-25' and an engineer reel, that's a 150' tape marked off in tenths of a foot and scales in inches to step off lot sizes.I never carried a ladder.

It was in South Australia, Flinders Ranges 1963. 5 acres to feed one head until we drilled for water as droughts could last for several years.Because of the geo-thermals the water would come out of the ground warm enough to shower in & you had to remove the hard water scale from the shower head constantly.The windmills would pump the water & also generate the power to charge our household batteries for power.

$4k a unit seems a bit low though there's probably some economies of scale given the size... $3.2M ARV doesn't "add up"... and you need to define the plan and schedule for the rehab and rentals.

My income almost doubled as a result of my first full year with a mentor and I was able to learn how to really scale back the hours I was working.