The spread is approximately:15 efficiencies for $60025 1br apts for $70013 2br apts for $8007 SFH for $800All primary utilities included, which for the area is about $125 under market.The complex is about 90% occupied and putting all the profits back into repairs.

I looked at an apartment complex a few years ago that had settled pretty significantly, and unevenly at that.

I do not know how PA works, but in CA the eviction process requires a complex series of steps.

I expected the complex to have higher then 2% given the current state of management and renovations. 

Just didn't want to overlook something or be naive on the seller side of a sale and i will also be looking into a 1031 exchange property that would be more than likely a commercial apartment complex which i certainly will retain a commercial broker for.

Account Closed  The part that makes this complex is real estate creates more income. 

It is much more complex than ltr and you are screwed if it falls thru

It has a common room that is set to be a complex laundry room.

It can make the cost benefit complex.  

I'd say 75% of my offers are accepted and I've never hit something, some critical hidden issue, that significantly affected my expected bottom line.Lastly, I do this for custom-built duplexes and single-family -- I don't have the technical expertise to try this on something like a 40-unit complex.