Not a requirement but take advantage of their knowledge and experience in their pet markets.

The advantage in multifamily, is if you need a new roof, you only have to deal with one roof, one mortgage, one sewer system as opposed to 10 roofs, 10 mortgages and 10 sewers and so forth.

One key advantage I could see in a new neighborhood is simply the free exposure of buyers interested in the new subdivision especially if you can offer better finish or a more appealing design than the competition if it's all fairly cookie-cutter. 

Good deals don't last long and you need to be able to take advantage quickly.  

@John Whitridge Multifamily properties are advantaged by convenience and by a lower net operating cost.

Definitely make advantage of all the resources this site has to offer, the podcasts, blogs, books, forums and so much more.

Tons of advantages for these foreign companies, including local government's incentives.Brazil's recession plus Paraguayan Government's aim to turn the country into South America's China seems to be opening a niche for industrial development. 

I have found this to be an advantage in certain circumstances where the customer knows they are dealing with a professional. 

I understand great property management is an advantage to be succesful in real estate.

I'm in the minority here on BP, but I actually prefer SFRs over MF as they have many advantages.