Active gives you control of the asset (maybe that is small SFRs close to your location) , gives you some real world experiences to know what that feels like, especially if you are your own property manager to start. 

Today I was driving past one of my bandit sign locations.

The Margin is fixed while prime rate floats and its typically interest only.As for fixed rate loan cash out refinance its fixed its great but downside is you pay interest day 1 even if you have a project to work on or not.Depending on how you plan to deploy and how much you think you'll be deploying you'll pick a fixed or a line of credit.

I have put deals together (from locating land, worked on the design from concept through final, worked on finding tenants to lease, and buyers for the sale of end project, plus lined up the financing etc.

Above all else is the location of the complex.

Many people living in Austin actually flock to other out of state turnkey operations located in the Midwest because the market in Austin is so expensive.

I have been investor long before I became an agent and you can always send me an email with any questions you have about Milwaukee.As far as Foxconn I believe you don't need to worry about location too much, the deal has such a magnitude that if it goes through it will have cascading effects throughout SE Wisconsin, at least 60 minutes around the main plant.I can certainly hook you up with a few local lenders.

Your bills will vary depending on the location of your unit.

Located in New Orleans area

Keep in mind that some, such as Internal Rate of Return (IRR), require advanced computer calculation.https://www.biggerpockets.com/blogs/8814/73755-18-essential-metrics-to-a-complete-real-estate-investment-analysisAs far as finding multifamily properties, you'd find them the same way you find a SFR, and there are many, many ways to source them:By building relationships and letting everyone know you're looking for houses and apartments:https://www.biggerpockets.com/blogs/8814/72664-35-relationships-to-help-you-find-more-houses-to-flip-or-wholesaleLooking for them on the internet:https://www.biggerpockets.com/blogs/8814/72016-55-resources-to-find-real-estate-deals-onlineand, of course, locating them offline:https://www.biggerpockets.com/blogs/8814/71506-27-ways-to-find-off-market-and-wholesale-real-estate-deals-offlineBest of luck!