They'll be all sorts of SIGNIFICANTLY EXTRA tenant complaints!

The unit will be about 750 sq ft. 

I may be wrong but I don't think REIT scales as you are tying up your capital right ?

Either way you have better options you can use the land as equity so FHA would nto be the best route. 

However if you're only managing for yourself, not others, it would probably be sufficient.

Catherine id highly recommend spending a full day or two consuming youtube videos that specifically go into detail about this process, theres so much to teach and writing this whole thing out would literally be a whole book.

Watch out for older homes with 'upgrades' because many might not be as good as you think.

Friend of a friend with a portfolio of 30+ homes was contacted by them to basically sell his portfolio to them in exchange for shares. that would be a HUGE non starter for me..

I thought it would be a good topic to discuss and was just curious if it's common Nationwide.

That will be a question I ask going forward.