Doing the same thing now from a 6 unit complex in Logan.

Some big time outside investors were buying up large apartment complexes and serving 20-day vacate notices, rehabbing and then increasing the rents beyond the means of the people who had been living there.

The remodel included new roofs, AC, hot water tanks, updates to electrical, ect… Not sure about the 7 unit complex yet as to when it was last remodeled. 50% of the leases are one year and the other are month to month.

This is for my 14 unit complex covered here.

Neither an LLC, insurance, trust, or complex entity structures are perfect asset protection.

Did you notice the 100+ unit vacant apartment complex Blue Sky less than a 1/8 mile away and the very dilapidated duplexes right across Memorial on Line St?

As far as Self Storage there are 15 self storage complexes in Lufkin, TX alone.

Real estate might be local but the different property types and different markets nationally and internationally are incredibly complex.

I love condo investing...but one thing to consider in buying multiple condos in the same complex is the increase in risk that comes along with doing so.  

This included property managers/assistant, grounds keepers, leasing specialist, handy man at apartment complexes, etc.