Jennifer Lee - City-data.com is an amazing resource!

SITUATION:I spoke to a woman who is looking to get rid of her house.

Sometimes the "bank approved" prices are amazing deals, other times they are well over market value.

Even if your unit is amazing quality renters might not want to be there because of the other buildings or other landlords are dropping rent fast rather than updating the buildings.Pro for bigger complexYou can scale the business effectively.You can control the whole look and feel of the development and tenant base and not be as affected by outside forces with your investment.If you by a large enough size you can employ a full time property manager and maintenance person so you can truly be hands off and passive.Cons- Harder to sell - I disagree with this as typically house investors or little duplex etc. is a different buyer base than a larger apartment building.For example I have a large buyer base of multifamily buildings because that is what I focus on.

It's amazing!

I'm meeting so many great people through BP, with experience in things I'm not as familiar with, every day I'm just amazed!

J Scott has assembled an amazing team that's succeeding in his market in spite of tremendous local competition.

We take advantage of their sales to stock some inventory at amazing prices.

It's interesting to see they are operating at a loss while they are "waiting" for the property to stabilize.I always find it amazing insto guys make money charging fees they are actually worse at investing if you look at the actual ROI than anyone in this forum.

So far its been an amazing resource.