As your investing gets more complex (any significant vacancy or rehab, more units, older properties, etc) they quickly run out of options.

I've heard very wide ranges for a total re-wire of a house, anywhere from $3k to $30k depending on size and complexity.

I have over 16 years in the mulit- family industry I work as a Service Manager running a 246 apartment complex.

This project is also a very detailed and complex piece of architecture, so it takes time to bring out the finer details.

And your time - to do showings and lease up the house again.It adds up quick, believe me.I personally like the model where you are in the sweet spot of the rental prices.

Both methods have pros and cons to consider.One thought I had was build up a small portfolio of SFH like 20-30 and then buy larger multi unit buildings and work up to 100 unit complexes for easier management.

Hello all,I am interested in purchasing an apartment complex in Alabama.  

Hi everyone,I am in the process of purchasing a multimillion dollar apartment complex with the assistance of accounting and legal professionals to review the financials and the property.

When I have a pretty house with terms, I will send direct mail to local class A apartment buildings, and let everyone in that complex know that they can own my house for what they are paying in rent, as long as they can come up with a good down payment. 

I don't think there would be much if any perceived value of just hook ups when so many are going on sweet.