If it is an existing complex, try to see if you can renovate the majority of the building or raise rents but I would use leverage since I believe a refi boom could occur at the end of 2023 or beginning of 2024. 

It isn't as consistent as say, a 20 unit apartment complex.

Typically these are reserved for single-family properties but since they're the highest leverage you can get they can put you in a good cashflow position if you're willing to make two units or rent by the room.In terms of looking at 2-4 units, the sweet spot tends to be 3.5% down on an FHA loan for a duplex.

After the next rental (duplex) I thought "Sweet, this now pays for all of my personal utility bills!

What financing options do you think is best for this situation.Lady is selling 6 individual condominiums in the same complex and is willing to do a bundle deal.

Good luck and hope to see you in sweet Caroline soon.

They get complex from there and you have to jump through hoops.

Reg D Rule 506b does not require sponsors to obtain 3rd party verification of investors' accredited status, which saves some cost & complexity.

There is also a part of me that wants to simply live in an apartment complex, with all the amenities and community that a house might not offer.

That Airbnb listing is sweet!