I think it looks amazing!

I think home prices are amazing right now, as you have found, but they are going up in my area and probably many others so now is the time to jump.

Quick introductions - The Boss Man around these parts is the famous Joshua Dorkin.This is the Forums, moderated by some awesome people like J Scott, Jon Klaus, Joel Owens, Karen Margrave, James Vermillion, Steven Hamilton II, and of course the amazing Jon Holdman.

What she has done to the home is amazing.

I'm amazed at how many calls I get from people who make about 1.5 times the rent.

I am glad I recently found BP, and am amazed at the amount of information and experience that is available here.

I've been reading this forum continuously for the past two months and am amazed at the amount of information here.

Jennifer Lee - City-data.com is an amazing resource!

Sometimes the "bank approved" prices are amazing deals, other times they are well over market value.

Even if your unit is amazing quality renters might not want to be there because of the other buildings or other landlords are dropping rent fast rather than updating the buildings.Pro for bigger complexYou can scale the business effectively.You can control the whole look and feel of the development and tenant base and not be as affected by outside forces with your investment.If you by a large enough size you can employ a full time property manager and maintenance person so you can truly be hands off and passive.Cons- Harder to sell - I disagree with this as typically house investors or little duplex etc. is a different buyer base than a larger apartment building.For example I have a large buyer base of multifamily buildings because that is what I focus on.