Newbie to Large Apartment Complex purchases
Hi BP'er
I'm relatively new to multi-family investments and have made small MF purchases so far. I'm looking at some of the large apartment complex (ies,. couple of 8-30 units) out of state, and want to know if anyone has experiences in such kind of large investments out of states and what kind of questions and documents should you ask for when making an offer? Are there anything that I should watch out when operating a large apartments? Anyone here comfortable closing a deal without seeing the property in person?
Any suggestions and/tips would be highly appreciated!
Cheers!