You'll likely get newer and better properties.
Also your exit strategy is better with multiple types of buyers and prices.
Selling to another investor is typically a function of the return and investors almost always want a good deal and rarely willing to pay top dollar....so you have to think about that on multifamily.
All I know about is one market and that is the DFW-Dallas Fort Worth area. Lots of investors here from all over the country and all over the world. Returns are good here from what I understand compared to other parts of the country.
Let me know if I can help.