I'd like to own an apartment complex at some point, but obviously I don't have the capital for such an investment yet.

It will be great to hear about your insights from both those very high priced markets (where condos can cost more than midwest apartment complexes!).....

It's traditionally a rougher area, but the Forum has been revitalized in recent years as a music venue and there are approved plans for an NFL stadium and complex there.  

I am looking to invest in single family homes, duplexes, triplexes, and quadplexes on up to maybe an apartment complex someday.  

My long-term goal is to own a few apartment complexes in the Nashville area.

If not there are more complex systems with pumps that can be required by the state. 

I hope you don't mind if I respond here as I feel it is a good question and a complex (somewhat controversial) issue.

Underwriters just gave up on my with traditional mortgages.... as the documentation requirements for traditional mortgages are too many on each property... they basically refused to proceed because my file was too complex.

Even consider your liquidated house net proceeds to use as a 20% downpayment on a small apartment complex.

First consider your current assets and what you are protecting with the complex and often costly to set up business structures.