How to upgrade and what to expect from 3 SFH to multifamily?

[Michael Bender]

I'm seeking advice and stories from anyone who has jumped from SFH to multifamily homes. I have 3 properties that I'd like to 1031 into a multifamily building. My primary goal is cash flow and to keep personal time involved low.

My homes are valued at $1.7M and I have around 770k of debt. 

What can I reasonably expect to buy with this and what range should I expect from a cash flow perspective?

If the range is 50-100 unit building, do you think this is manageable as a first-time multifamily? What's different about managing a building this large?

Should I be able to afford a full-time property manager?

What's the best part about owning a large multifamily?

Whats the worst part about owning a large multifamily?

Any lessons you are willing to share as I seek to make the switch?

Thank you