Multi-Family financing and management for

[Mandela Shaw]

Would you mind dropping links to any good threads that can help a beginner looking to invest in 5-12 units properties? Specifically, looking to understand the in and outs of:

-financing options (e.g., types of lenders, down payments, “creative” ideas, loan criteria, loan requirements, etc….goal for me would be to put 10% or less down if possible)

-advice on inspections and repairs required at time of purchase.  (What impacts will these have on the different types of lenders?)

-advice on property management (fees, responsibilities, tenant screening, tenant placement, etc.)

-maintenance (how do you manage expectations and costs from repair men? I have 3 SFH rentals and I personally inspect any repair requests before contacting someone to fix. I do not have a property manager and I have not had to do this often. But this will obviously be a huge expense in a property this large.)

-utilities (I have seen some things about having utilities reserves. What are these? What utilities do you pay if any vs. what the tenant pays.)