So deciding which homes are "better" is something of a complex formula.So I recommend South Side and Friendship based on modern patterns of urban renewal along with some attributes of solid building stock that would offer value to an investor.

I haven't even done one deal yet and I'm reading about how to finance/manage a 50 unit apartment complex in Canada."

Hey BP, I need some guidance on first steps for the following scenario:There are several small, old single-family homes located in a great location for a moderate-size apartment complex.

In a couple years this will be a very sought for area(if it’s not already) that developers are planning to build a complex worth of restaurants, shopping centers, a hotel and more.

You gain little and add complexity and redtape / limitations.

The numbers are a little complex at this point.

Short sales are complex and typically drawn out time wise.

Biggest Influence - Lord and Savior Jesus Christ, Amen.Real estate goal - acquire an investment that will be helpful to my livelihood and make many friends along the way.What I'm currently looking for - Something between a duplex and a large apartment complex.

i am new to apartment complexes.

@Keitha LovettWelcome to BiggerPockets, a place to interact with a vibrant REI group, learn the real estate business and language.You didn’t mention a specific area of interest, so, I added links to three of the most popular niches for your review and selection of one or all.http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property) http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)You can use this material to absorb the basics, so that you will be ready to take on more complex teachings from your mentor.It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?