They assumed that the decision was based on the difference between living in a large apartment complex and buying a home valued at 80% of the median home price with a 95% LTV loan.

I know the answer will vary based on location, price-range, size of the complex etc... so perhaps a few mock scenario descriptions would be helpful.(2) One of the BP Podcasts (I believe it was between shows 1 and 70...I know that's not very helpful), the guest was talking about the very detailed and length lease agreement that he has with his tenants and that he had placed it either here on BP or his company's website.

It's like the diet pill commercials for real estate investor wannabes.

The funny thing is I probably could not go rent a unit in a complex if they just go off credit score but I can easily get a loan to buy the whole building. 

I know this strategy is more involved and complex but I think it's more rewarding.  

Depending on how you want to structure the deal the partner you bring in could manage, get a portion of the equity, and have some sort of incentives or bonus for increasing the financial performance.To give you a real world example one of my close friends and someone who I hope to work with has a deal for a 46 unit complex that he has been offered in the near future.

Here is a link to an article about the largest apartment complex in Louisville that is being renovated as I type these questions.LARGE APARTMENT REHABThe questions:1.

There are complex methods involving a very specific contractual arrangement that can work, but if they don't include such things as operational agreements, commercial facilities agreements, trust accounts, escrow accounts, master title agreements, and full licensure as required by state and federal law as residential lenders and servicers, whatever is being done is not going to withstand any scrutiny. 

(The complex just got out of litigation and the agent informed me prices are starting to rise 10-30%)2.

He is also involved in our brokerage area, representing buyers and sellers, and in addition, spends time coordinating the management of several commercial complexes in north Seattle.Jay developed an interest in real estate investing while in college and arranged to receive credit towards his degree for some of his real estate work.