Done well – questions asked elicit objective responses like the number of late payments, noise complaints – whether they gave proper notice.

But my objective is to make money.

My two cents, if the Mills is right for you will depend on your objective. 

Sacramento only looks like a good deal to people who live in the Bay due to the relative differences in price.. but objectively, stuff here is a 4-7 cap and you should be aiming for 10-12.

A POLL OF THE AMERICAN ECONOMIC ASSOCIATION FOUND 93 PERCENT OF ITS MEMBERS AGREEING THAT ''A CEILING ON RENTS REDUCES THE QUALITY AND QUANTITY OF HOUSING.'' 

And with numbers aside, we're talking about crime rates and the potential pool of tenants, and I wanted to support my case not to judge a book by it's cover.The objective of my previous post was to supply Amir with all the facts and information he needs to make the best possible investment decision.

In an area where MFH are hot does not mean MFH are hot everywhere.Secondly, If you compare the number of SFH sold to investors versus the MFH sales to investors, the SFH numbers far exceed the MFH numbers.Thirdly,  In markets where the numbers don't work for SFH, this drives more people to MFH to capture the illusive cash flow.Fourthly, the gurus have been pushing MFH as a comeback to the objection that you can't make any money in SFH here. 

With only 4 objections from neighbors the city will deny your license.

This helps with your objective for passive investments.-  Notes and partials can be held in an IRA / ROTH IRA for tax deferred or tax free gains.

Quality, not quantity.