And then there’s the added complexity that if the lender did have to foreclose on their collateral, they now own a fraction of an asset for which they have no control and no secondary market with which to sell.My guess is you are more likely to just find an unsecured signature line of credit.  

They are supposed to be great in the smaller markets I am not sure how they are for bigger complexes.  

Is the large apartment complex dead?

I know taxes are a bit more complex as Dual member...)Also, I have an LLC and own a property free & clear (which I do now) and do a cash out- can I take that cash as a draw for personal use / investing or is would that be co-mingling effectively negating the point of the LLC?

Once you have a few millions in the bank sue go buy a complex for passive income.

I don't blame them though - I can't imagine how many people come to brokers on a daily basis and say they are going raise money for a large complex. 

From what I've read, you should stay away from complex math.

The second one is a 4 bed 2 bath and I plan on renting it to college kids a room.Using the concept of apartment complexes and the way they are done, I will be renting out the rooms to either college kids or young professionals around the area.

In fact I recently saw that a developer had built a very nice, large A class apartment complex in town. 

Now I talk with my fiance about this and she immediately brings up all of the issues we’ve experienced in past places we ourselves have rented (Hot water was out for 2 weeks for the entire complex due to some landscaping guys busting a line in one apartment we lived in) and how she wouldn’t want to be the one directly having to deal with those issues.