I have a lease at an apartment complex that I really like and I still have 11 months on my lease.

Hey BP Community,Looking for someone who has experience planning apartment complexes from scratch: specifically how to know what size each unit should be, whether to include washer/dryer hook-ups in the unit vice a community laundry room, considerations for a clubhouse and pool, etc. 

Sell them all and use that money to buy a 20 unit apartment complex or a few four plexes.

The whole medical/insurance industrial complex is predicated on selling fear as well as unnecessary services.  

More specifically, if you are rehabbing the apartment complex anyway, then installing this water submeters will definitely add value to your building in the short and long term by increasing your NOI and increasing your chances of a sale in the property disposition phase respectively. 

For example,You'll need to make sure you're using the right paperwork, with the correct language for the state of Michigan.You'll need a solid system for collecting payments (preferably one that works on autopilot).You'll need a system to keep track of the loan balance.You'll need to know how to deal with borrowers who pay late or stop paying altogether (because this definitely will happen if you do enough of these deals).Seller financing is great if you decide to scale it and get the proper systems in place... but you're also signing up for a lot more complexity than just selling the property outright for cash.There are a lot of details to keep track of when you're closing in-house.

Hey Hao,First, just a disclaimer that I am not super experienced with condo sales, but from what I recall:You should use the Residential Condominium Contract (Resale (with any relevant addenda), have the condo association complete the Condominium Resale Certificate, be pre approved to join the association, and also make sure the seller knows you are the buyer and you do not represent them in the transaction (get this in writing). 

Easements in TX are complex and case law has evolved over time.

Would you feel comfortable purchasing a newly built, 5 unit detached apartment complex while it is still under construction but just 4.5 weeks away from completion?

The apartment complex next to the neighborhood was just acquired for more than $40 million.