You have to find a zip code that has a prevalence of multifamily and a pathway to build multifamily.

I'm building in a brand-new subdivision.

On the topic of building inspectors, make them your best friend.

Quote from @Matt McNabb: I'm a solid $400k/yr job in NYC and have $250k to begin investing as my first step into building a portfolio, although I don't have time to be a landlord so I have to account for management fees.  

@Chris Babb,I have moved in to the Build to Rent field full time. 

I assume a higher upfront cost as far as land purchase and the actual build but you would have a brand new house, instant equity and hopefully maintenance free for quite a while.

Commercial Revenue Generating properties like office buildings, apartment buildings, retail centers, etc (banks call it "CRE" lending) are typically evaluated from their net operating income, not gross.

Is just the fact that no garage could be a no go for some buyers enough to build it even if it only raises the value by the actual cost?

I'm in Columbus Ohio and we ahve to build the same floorplan over and over and it's a group heard mentality. we build a three story walk up triplex designed for our infill lots

Im currently networking to partner up with a home builder here in Staten Island and build Semis on empty land.