Hi All,I'm currently looking to buy a multifamily but I'm wondering whether I should go for bigger complex instead of 4plexes.These are the the pros and cons that came in to my mind (Please feel free to add)Pros for 4 plexes:- Conventional financing- Easier to sellCons for 4 plexes:- More expensive price per unit compared to bigger complex- Smaller return compared to bigger complex- More competition in making offers (harder to find good deals)Pros for bigger complex:- Cheaper price per unit- Higher return- Less competition in making offersCons for bigger complex:- Commercial financing- Harder to sell- It's like putting a lot of eggs in one basketA little bit of background about me: I'm a buy and hold investor and currently looking to buy in Arizona.

After watching all those cooking competition shows on TV (Chopped, Hells Kitchen, etc), I can imagine how stressful your job it!

J Scott has assembled an amazing team that's succeeding in his market in spite of tremendous local competition.

I am looking for extending my network with Chicago investors.In my opinion, In this business, there is no competition.

I'm still learning the Austin market and everything seems to be ultra competitive which may push me out of this market for rentals if deals can be found that make the numbers work.

A headwind that will effect rental prices in certain cities will be the hedge fund portfolio competition.

Partial interests are often worth less than their corresponding fractional value.

I'm curious what the competition is doing - I'm about to start a couple of direct mail campaigns - saturation mailing for a couple of neighborhoods and targeted mailing to absentee landlords.If you haven't tossed the postcard, I'd love to see a scan or cell phone pic of the front/back.

I cleared about $55k after resale and holding costs and borrowed $200k so my cash on cash was 85% and I did it in 4 months.This was done in a very, very competitive market of Southern CA where finding good spreads in that type of value range is difficult at best.Most of my acquisitions are REO deals and not short sales, but short pays are a larger majority of the inventory compared to REO so you must work them if you plan to consistently obtain deals.

There are a ton of options still available even with the competition from the funds in town.