Since you want to do buy-and-hold, listen to my podcast interview as I reveal my worst investing mistake (I bought a 36-unit apartment building) and how I turned it around (by buying a 100+ unit apartment complex!).

My husband wanted a complex, but the bickering at the duplexes has tempered that.

We're under contact on our first triplex, and want to buy at least 12 more units in the next four years, moving towards small and large apartment complexes as soon as possible.Want to hit at least $2,500/mo cash flow by the four year mark, happier if it's over $3,000.

Paul just north of downtown that I plan on developing into an apartment complex over the next few years. 

With that said, I think the main reason is the fire damage.Since this would be my first flip, I am not sure if undertaking such a complex project if the right path for me.

Yes, I know a guy who has banks bring him deals just to take over the payments and manage the complex.

@Michael S Dawson  A cost segregation study is a very complex and calculation intensive process when done right with a quality engineering-based method.

I analyze thousands of multi-family units and hundreds of buildings every year (from 2-flats to 200+ unit suburban complexes). 

There are a bunch of low end condo complexes, many on the NW side of Milwaukee where they have units going through the auction constantly and since they're usually bought back by the bank, they're then listed on the mls, many for $30k or well under that.

But not really, the meeting in San Jose that conflicted has me working on a 90 Unit Apartment Complex.