Started off with SFH's and moved into a six-plex, then apartment complexes. 

Your partnership return will require a balance sheet, which is more complex than a simple income statement that many investors require.

It is a condominium, not a single family home.

The rest of my goals are far bigger than that with multifamily,  100+ unit apartment complexes, etc.

I would tour a few apartment complexes nearby to get an idea of unit conditions. 

For the style of complex, care, attention and luxury I consider it an incredible value.

They will invite all the neighbors to a hearing about it and if there are any objections, they will deny your variance.An alternative to this that I have commonly seen is condominiumization where the land the home on is declared common to the association you create and then each house is deeded separately.

Since it's in a complex the condo fees take care of everything except Internet, so that's one less thing to worry about.

That helps relieve many fears that most new investors have, and ultimately reduces risk.When you open yourself up to looking nationwide, you've immediately compounded the complexity of the decision tenfold, as you now must compare and contrast multiple markets against each other.

It's only an 8 unit complex and is in the downtown area.