If you plan to expand your portfolio, starting with a 4-plex might provide a stronger foundation for future investments.It's also worth consulting with a local real estate agent or financial advisor who specializes in investment properties to get personalized advice based on your financial situation and market conditions.Best of luck with your investment!

If you ever want to invest in MI let me know - I get nothing for it but I do run the Michigan Real Estate Investors group and connect with you with legit people and areas - I tend to hear the dirt and good stuff on investors, areas, Pms, contractors, etc..... feel free to reach out if you end up wanting to know more about Detroit or Pontiac/ etc investing 

These are probably people buying with a retail mindset.

That enables people with a busy schedule to benefit from investing in real estate without having to have day to day responsibility of the property.

I'm trying to get to know new people in real estate industry, specifically in Florida.

However, after making contact, they walked away without any explanation.I am willing to listen to and follow the advice of more experienced people, but it feels like some agents are only interested in their bottom line.

They may be perfect people and helpful and help you.   

And on the home front, Right in peoples own backyards, something I have noticed is fast food prices are not falling like they do in a recession.

@Bruce Lynn, while I am guessing because I don't know "most" large multifamily, I would say it is very much manager dependent and likely to become more common place as many syndicators are struggling to make their mortgage payments.Ownership companies are still run by people, and people that don't have enough money to pay their bills will start prioritizing who to pay based on the perceived risks of not paying.As for taking over any outstanding bills, that is one of many issues of the common LLC transfer.  

Carolina.I have built relationships that allow me to leverage other peoples resources like dispo teams and TCs.