I know probably several hundred co-brokes and I have worked with many as an investor before I got licensed and started a team.A combination of several reasons: Real estate agents are in an industry that is easy entry and it rewards networking much more than actual skills (let that one sink in), because consumers don't know how to vet agents and it becomes mostly about trust - so you work with your friend's cousin, because he said she's great.

I would reach out to local people in that industry and inquire on what they are currently paying for property space to inform your decision.  

Being in the industry now will help greatly.

We offer 80% cash out in a few states (unfortunately not MD) but as others have mentioned the LLPA associated is substantial.  75% is the industry standard for max cash out but we could close with it vacant as long as it's rent ready and listed for rent online.  

I have been working in the real estate industry since 2010 and have specialized in working with investors here in Florida for a number of years...you are absolutely right, it is typically VERY difficult to find decent small multifamily properties here.

In the apartment industry, typically $250-300 per unit per month is held by the banks in escrow, but R&M can be much higher - Utilities - Is there any common-area lighting?  

In Valencia we have multiple flips that we are now finishing (a building and a garage that we are transforming into apartments).

You should remember that our industry is heavily regulated and, besides, you will be protected by your credit card company if you thought the offer we are giving you was not what it is.”     

From our research industry average is around 1%.

In early 2020, I ventured into the industrial sector by acquiring my first warehouse just before the pandemic hit.