If a certain majority of owners decides to ban rentals from the complex, there is nothing you can do to stop it.  

I've seen four complexes that seem to match your criteria go up in the year I've lived here. 

It is on houston craigslist in the real estate section the title is  OWNER FINANCE a unit Apt Complex $175,000 (near Kemah)

Treating clients with clinical depression, or dual diagnosis of clinical depression and addiction, for 6 to 24 months in residence in a skilled nursing facility strikes me as a specialized and complex niche market.

I think that small apartment complexes are a good way to go, try to find a property that you can add value on.  

Originally posted by John Jabson:I know the basics but that's it.So, again, you admit that you don't know very much about an exceedingly complex subject, and yet you are willing to draw broad conclusions related to it?

David T.Wow, an apartment complex having a 'no overnight guest' rule is a bit much indeed.

And the input you get from other landlords is quite varied; there will be big PM / complexes that no longer have the tenant records (so you'll get nothing), and there will be big PM / complexes who have very detailed records (and they will give you info the is pertinent).

The answers to your questions are too complex to cover all the intricate details here on a bulletin board.My choice would to have control of title to address many of the potential issues.

@Ryan BeasleyI think you might be referring to Omar's recent post about buying a complex in OH for $18k.