As an MFR owner, you will be competing with those large complexes, and you may be surprised to know how affordable some of them are.

Thank you for the insight,  I am currently in the market for an apartment complex and will heed your warning moving forward 

You are in luck,  bp has published a book about buying a small apartment complex with little money.

I have three property managers at 3 different complexes.  

This would be a long term hold for cash flow and would be a stepping stone from smaller multi's (own 13 units in 4-5 unit complexes now) to larger apartment buildings. 

Right now only my name is on the lease, but we are in a big complex.

That's where the complexity comes into play. 

While I'm aware of some of the pitfalls and potential downside (especially with complex regulations and compliance issues), I'd really appreciate any and all opinions and facts that discuss installment contracts as good, bad, ugly (and other) so that I can view and assess this strategy from a diversity of viewpoints and experiences.Any thoughts, BP Nation?

I found a property that has a 3 units. 2 of the units are 2/2.5 and the other is a studio. Currently the owner is renting 2 of the units for 2400 a piece and living in the studio. I would be doing the same.The propert...

I spent $5,000 as earnest money on a 133-unit apartment complex and then I syndicated the deal and raised $1M.