Karlin, a longtime contributor to a wide range of multifamily/real estate investment publications, including Kiplinger, Globest.com, Multi-Housing News, et al, and a Principal @ IMG, discusses value-added real estate opportunities.  They look to improve not only properties for residences, but also communities and neighborhoods.  Looking to grow over time, rather than the more immediate fix and flip strategy, IMG focuses on Multi-Family because they see continued opportunity there, like the risk reward ratios, and are experienced in this segment of the real estate world.  They focus on six to seven metropolitan areas, with facilities that are 150 - 350 units, w/equities of $12 - 18 million.  Listen to Karlin tell their story, discuss their challenges and work to temper investors' expectations.