Ed's and is located by the downtown area though, this potentially will have a fairly consistent renters market for the foreseeable future.

@Mayra Perez  being a real estate agent offers you unlimited earning potential, but it takes a lot of consistent action to implement systems that will produce consistent income.

Went through about 60 of these, requesting ttm income / expense report only to consistently discover fudging of numbers to arrive at a higher 'advertised' cap, basically dressing of numbers, including* not including management expenses (oh, we don't include maintenance fees because they are specific to buyer)* not including repairs / maintenance expenses (oh, seller just refurbished couple units 2 years ago)* not including vacancy (oh, the complex is 100% occupied over the last 12mo)* not including property taxes (oh, buyer can request tax abatement) you get the drift. and the conversations stop at the broker level after pointing out to all the gaps, most just stop responding - there are obviously reasonable / experienced folks who smirk and continue chatting but for every one of those, there are 50 who seem to just seem to either be completely incompetent or useless. and it seems to be getting worse vs ~5 years ago when i picked up my last MFRany thoughts / advice how to deal with these types?

People talk a good game but are not consistent.

It depends on the zone, that's how the city's planning and zoning department can keep the city looking consistent and in a conforming way.

Make sure all applicants are aware of the most basic standards like minimum credit score, income 3X rent, consistent employment record, no evictions, no convictions, animals/no animals etc. 

My involvement with a property I own consists of a text message once a month with a minor issues.

I specialize in just multifamily sales in GA & SC and the business Is lucrative if you know your product and work the system consistently over time.

As long as you have a funding partner (multiple) that believes in your direction and you can consistently perform I think it’s a great strategy.

The route I chose was newer build properties that would appeal to everyone, especIally working professionals desiring somewhere nicer than any non-student apartments.Seeing consistent rent growth with those in addition to healthy appreciation due to location in the path of growth.