Development tends to have the most risk so has to have lots of room for profit over stabilized properties churning out cash flow, existing buildings half occupied, or mainly vacant buildings that are still use able.The big developers usually have the experience to tell you what you do not know and also can get things built cheaper with scale,more efficiently, and stabilized faster than a smaller developer can on larger projects.     

Multifamily becomes more efficient the more units you have, so you really want to go larger if you can.

It’s pretty fast and efficient.

Once you tighten up your operation you can be very efficient even in a competitive market AND EVEN when you're not making a false cash offer. 

One of the reasons you don't see me or my family taking over these properties :) I've talked to him as much as he will tolerate in regards to tax efficiency and potential options in regards to accomplishing his overall goal of getting out of the "landlord game".

J Scott in order to learn more about the topic so I can be more efficient at analyzing potential deals.

In order for each phone call to be more efficient, you must be open to showing them how you evaluate.

Best way to scale, lower per-unit cost, start to realize efficiencies of scale.Unless you have a very high rate currently, it's worth considering a HELOC.

This involves the most efficient use of your time and money (see #1).3 - Money. 

In theory, you can get two high-efficiency combi boilers, which would handle both heating and HW.