MF lenders will require you guarantee the loan personally and will likely require you to take title to the apartment building into an LLC or corporation.Also, with larger apartment buildings, and say you need to raise capital (through syndication), having an LLC/corporation is again, better.

These are older homes, requiring larger rehabs and more risk.

Depending on what you’re looking for you may find some of the large brokerages a good fit...they’re certainly larger but with that comes established programs you sit in on and learn the business of real estate, not just filling out a contract. 

Either way you'll receive preliminary figures on a settlement statement. 

You should ask:For a copy of:-2 Years of Operating Statements-Current Rent RollYou should look for the Property Tax bills.

I also feel there is upside in sharing my experiences with a larger audience.

We are an affiliate organization with the larger Grand Rapids RPOA.

My Realtor connected me with the contractor as well, who has been great so far.I'm looking at doing another BRRRR soon, but we're looking at $7,500 - $10,000 properties to allow for room with a larger rehab budget ($50K - $60K). 

There will be no play money, and no income statement/balance sheet that you have to keep updating.

In Ca (my market), all larger cost items require a license.Can anyone at the local REI Meet Ups provide a reference?