I don’t think that tells the whole story though.Multifamily properties benefit from economies of scale.

.-0.35-2.87Realtor.com’s model-based forecast uses data on the housing market and overall economy to estimate values for these variables for the year ahead.

There is a certain economy of scale when building or buying park; developing a Park from scratch is a whole other adventure. 

I personally don't know your market's economy for traveling nurses and other corporate travelers. 

Where Bruce and I live and operate there is a lot early-mid 80's construction, but you see very little inventory built in the 70's and 90's just due to the economy at the time. 

I choose to start in Dayton (although I live in Denver) due to low price entry points, the market is unsaturated with buyers (so there are still a lot of good buy opportunities), good mix of tenants for rentals and a steady economy at the moment. 

There's good debt, which is used to buy income-producing assets, and bad debt which can get you into serious trouble.Stay educated and aware of what's going on in the economy, and always be looking for the underlying messages in mainstream news.Best to you and your investing,- Tom                                                      Read More

There be economies of scale at larger sizes. 

I do understand the benefits of going larger (onsite managers/economies of scale) once you get to a larger complex, but at this point I am wanting to keep it simple as my experience widens rather then get into a situational where I am working around syndication as well.

Since our goal is to always have the property pay for itself those restrictions didn't work for us.So our next trip was to Destin, FL, where the short term rental industry plays an important part in that region's economy.