Personally, and what I would do for my clients, I would connect with a local community banker to discuss the property and see if their bank would entertain this type of financing (not all banks like doing this type of deal).

Get SMLLC to start, you can elect S-corp when the time is right.This post does not create a CPA-Client relationship.

If you didn't find a property manager yet, my company specializes in multifamily properties in the greater Phoenix area and are taking on new clients.

My developer client successfully defended the initial challenges and settled on this having PE rights, so he shifted the site plan to avoid the issue.

Use surveys to gather feedback on their experience.When tenants feel valued and respected, they’re more likely to take care of the property and renew their leases, saving owners time and money.Fairness with VendorsVendors play a crucial role in maintaining properties, and treating them fairly ensures they remain reliable partners.

He does a lot of research using data analytics on markets, identifying growth areas, finding good neighborhoods and shares the data and his findings with interested people and clients.

Always gather ALL the same information for every applicant.2.

Quote from @Dennis Bragg: @Stephanie MedinaYour question brought me back to a deal a client of mine did in Chicago a few years ago.

Because I'm here, active in the market and I do NOT want every fool rushing in and ruining it for me and my clients.    

Have a client that does sober living homes here in B/CS.