Instead, buy a large complex with fewer roofs, fewer walls, consolidated bills, and centralized management. 

It can get complex, but the tax savings can be phenomenal. 

If the apartment complex is 15mill  with a cap of 5% how the crowdfunding work?

My goal would be to start with a smaller 4-8 apartment complex, one that I would manage myself to start. 

It makes me want to buy an apartment complex there...

That means the condo complex does not meet the underwriting guidelines to have a loan issued on it.

$500/unit  selling/buyer credits/closing costsWe have no idea of values there, but no complex here worth only $40k/unit would sell for $100k/unit as condos, even with extensive rehab.

Tenants and vacancy are the hardest part of this business.Of course larger apartment complex give you true scale.

16 Unit Class C Apartment Complex-Purchase Price around $600k in Texas-Located in a decent city but not the best area of town-Rents are below market by $100/unit but may need slight flooring upgrades to get there-All units full-no known deferred maintenance -NOI if I self-manage = $70,000Cap Rate around 12%...could be 15% if I get the raised rents over time.

Hi all - I have a question that is most likely for tax specialist's and attorneys, but I thought I would see if anyone here has any insight. I sold a property with a partner and we put the money into a 1031 and bought...