Cash Flow from Operations - Positive cash flow from rental income is typically distributed to investors quarterly and in lump sum payouts at disposition and/or refinancing.
Appreciation - Unlike single family homes, a multifamily apartment is a business valued primarily by its Net Operating Income (NOI). Through operational improvements, you can increase the value of the property by increasing NOI.
Amortization to build Equity - Revenue from regular operations & rental income pays down the debt on the property, which in turn builds equity for investors.
Depreciation and Other Tax Benefits - Investors benefit from tax benefits such as accelerated depreciation and cost segregation, possible 1031 exchanges into new projects and tax free return of initial equity.