Most of the large apartment complexes in my area also use that formula.  

If their licensed you could point out that your understanding is (look up the state of Texas real estate advertising laws for licensees) and since the ad online lists the units (confirm their availability vis a vie a phone call first before visiting the complex) for rent at X you simply cant understand why a) the units are being offered to you at a higher price b) when you called they were still available (this morning, and hour ago etc) and c) you thought that was against real estate laws.It can't hurt you to play the same hard ball game their using to get higher rents so you can get a lower rent.

Anyone have experience with the current state of apartment complexes in Vegas?  

I'm not looking to do commercial - probably just SFR/small complexes for now.

Condos near the new large apartment complexes tend to have longer time to rent and lower rental rates.

I'm looking for companies that finance small apartment complexes in Orlando, FL.I,m also looking for Small Apartment Buildings to purchase in Orlando, FL

At one point (not sure if it is still in play), complexes that had more than 30% that were rentals were not eligible for these programs.Once these complexes were no longer eligible to meet these requirements these units sat longer and even lost value.

He is still trying to find investors, but I don't know why it was not sold for 6 years...www.empiresilkmill.comhttp://citizensvoice.com/news/developers-spin-silk-mill-into-new-living-complex-1.1367502

If you buy 2 multi's with the money, you can trade them up for a small apartment complex after 3 years by reinvesting the cashflow, appreciation and equity paydown.

1031 exchanges are very complex vehicles provided by tax law.