@Monico LorenzanaThe types of units that attract long term tenants in multifamily are the townhome style units, and if they have garages, a big bonus.

Agreed, the "Syndication", "Private Equity Real Estate" or "DST" model are all variations of the same theme: - Pay money to sponsor who is supposed to be an expert investor.- Give them complete control over your money in the context of the deal or fund. - Wait and hope that they deliver returns. 

There are many organizations that can help with this.If you are thinking as a business model, it is going to be a struggle.

They used the profits to fund their life style.2.

If you want to have one, fine, but they are unnecessary for a small business model like yours, just another expense as far as I'm concerned.

We are excited to get started but want to make sure we set ourselves up well by talking to folks in the field to set up our business model well, find great real estate agents and investors that work in our area, and see who else is out there doing it in this area.

I don't expect the tenant to be checking their water meter on the backside of the building since it's at an apartment style building so would this fall on the condo association or utility company to refund the tenant?

Here are the costs we use for our market when modeling projects. 

Leave Covid aside, events have more and more moved to a full service model.

I used my VA home loan at a 6.375%  ranch style 3 bedroom 2 bath 1316sqftPurchase Price: $268,552monthly payment is $1930  I do not pay property taxes.