A standard "business owner's policy" is fine -- it covers the building, commercial general liability, and ideally, loss of rent. 

Everyone was on bottled water for months.You may want to ask for proof that Flint is growing or attracting business investments.Now Detroit is an entirely different story!

I’m about to expand my student rental business and am looking for rockstar contractors

Its not as easy but once you are up in running you are building a brand, equity in your business, and also constant flow of leads.

Is it on a busy street, does it have a view, etc..

For a company new into the servicing business, they are off to a very bad start.

Money for the down payments that comes in like an annuity either from your W2 efforts or from owning another business.

Start with small goals, and soon enough, you'll find yourself turning away business.

Property TypeUnderstand the different types of multifamily properties:High-Rise: 9+ floors with an elevator, often urban.Mid-Rise: Smaller than high-rise, usually with elevators.Garden-Style: Low-rise apartments in suburban or rural settings.Walk-Up: 4–6 stories without elevators.Manufactured Housing Communities: Mobile home parks where land is leased to homeowners.Special-Purpose Housing:Student Housing: Designed for college students.Senior Housing: Dedicated to older adults.Subsidized Housing: Affordable housing supported by rent and income restrictions.3.

Ultimately responsibly using leverage (both equity and debt), implementing systems and buying good assets with realizable equity  is how you scale while operating a sustainable real estate business.