Condos can be a more people intensive rental operation than your own sf or multiplex for sure (think boards, manager, meetings, etc) but it can offer some freedom from exterior maintenance and some economy of scale if run properly (i.e. split costs of new roof with 100 neighbors, etc)...

[Not scaling up, not multimillion, not armies of VA's, not 87 deals per month.. the First Successful Deal!!] 

There's very little traffic over there and I got no responses so I decided to post the request here in multifamily.I'm wondering if anyone here has had experience making the transition from mom and pop level investing to a larger scale of operations where you need to employ someone to operate your internal deal flow "funnel" (for lack of a better term) to re-invest cash flow and/or gains from property sales.

Hi Dexter, Probably one focus to consider (along with being open to 3-4 units, where I concur as even more economy of scale there) is whether you will be managing it or hiring out management. 

REmember in your area deals are like street cars they are everywhere  LOL.. you don't bring that much to the table with a deal.and if you want to scale up you need to give your capital partner a reason to partner with you...

especially on a much smaller scale. 

Of course these have really been scaled back.  

They normally cost less on a per unit basis, have economies of scale and have more tenants to pay the expenses.  

Apartments do offer economies of scale, but you have to understand that the apt. market is red hot, w/ compressed cap rates, and generally don't produce as high cash flow return %'s on an as-bought basis as 1-4 unit properties.  

I then look to grow my fund into a $100M fund within 10 years to parlay the growth into the banking industry.In my self storage business, I am focusing on acquiring an additional 40 self storage facilities in the next 10 years with the goal of either taking Social Self Storage public or being acquired by a self storage REIT.In my real estate investment business, I will be growing my portfolio to include an additional 500+ units in the next 5 years to hedge against inflation and to balance my lending business.In my wholesale business, I am currently working on automating the Chicago and Indianapolis markets to completely remove myself from the business within the next 18 months and will be scaling up to 10 properties sold per month per market.I am always looking for solid long-term business relationships, be it with experienced real estate investors who are in need of capital, equity partners looking to get a solid return on their money, strategic joint venture partners who are growth oriented, or foreign investors looking to hedge their U.S. currency holdings against inflation through the acquisition of U.S. cash flowing assets.Shoot me a line and lets start making some money together!