@Mickey Petersen I would 1031 exchange into a larger better cash flowing property or whatever gives you a leg up on your wealth building.

If I may, a lot of the issues we are running into with insurance is that consumers no longer use insurance as a catastrophic fall back but rather, they nickel and dime on small claims that compund into larger issues. 

I'm sure it's a little more efficient in larger cities, but my market requires up to 60 days to get approval.Lower your expectations with Section 8 tenants.

I am a wholesaler, I live in Memphis but do most of my work in Nashville as a primary market and Texas, Oklahoma, Kansas, Arizona and anywhere else I can find a deal from networking for multifamily and land.

I will be quick to admit I have only had experiences with small rentals (6 units and smaller) so if you are looking for help on larger apartment complexes I would not be a great resource.

This deal came through Partner Driven's local network in Windsor, NC.

The cash flow is a bit sub par on this one and I anticipate some larger expenditures coming my way in a year or two so I'm contemplating this as an option.

Join one and start volunteering - it’s the best way to network and meet like minded people.

If it is a larger bank/mortgage broker, you should be fine. 

An easy flip at 7-10% return might be more lucrative than a larger project that takes longer and more chances for cost over runs.