Newer is not always automatically better and there will always be varying quality or workmanship.So ... assuming constant quality of actual construction and buying a 50+ unit apartment complex with NO deferred maintenance (I know its not possible), what would you prefer and why?

(LOL)It's a disguised sale, doesn't matter what you call a stream of payments, the fact is that payments are required and at the end of the term an asset is conveyed to the one who made the payments.No, it's not SAFE Act compliant, the Act states "any method or scheme" that appears to circumvent the intent of the law will be subject to the Act.

Moved here a year ago and am looking for additional streams of income.

My ideal situation would be to own real estate near Arizona State University (where i went to school) because i know the area very well and the property tax is next to nothing.Which makes the monthly note on a home very manageable, as well as the constant stream of students coming in every year.

I always act as the GC coordinating all of the subs and driving the schedule, it's a constant struggle as the subs need to take on other jobs but worth it.

What you are trying to do is create short term profit and long term income streams.

Typically all utilities are included in the rent however if a vacation rental is leased over the summer it is always a good idea to put a cap on the electricity as a/c has to run constantly and utility bills can get high. 

Additional stream of income.

Most of these loans are based on the value of the building and the income stream, and not on a personal guarantee.

Really bad cat or dog urine can be really hard to get rid of as it will soak into the concrete below the carpet and you'll have to tear the carpet up and treat/seal the concrete.I haven't had too many problems with carpet as I would rather spend the money to tile an entire house once than deal with cleaning and replacing carpet constantly.