It's creating new ways to unlock property potential and offers a pathway to profitable investments if you're targeting the right neighborhoods.Here’s the deal: SB-9 allows to split a single-family lot into two parcels and build up to four units.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

To each their own!

A lot of people spend their time doing this, but it's not a good use of time because it can not teach you anything relevant without seeing each one in person.

Sometimes a deal looks great because the investor doesn't add management costs of either money or the time that it will take to manage the property. 

I have been learning how the process works and there are a lot of resources for how to interview a sponsor and review the deal, but how do you initially access the deals to review?

With the economy of scale in multifamily, each additional unit nets you a little more than the last, as a rule of thumb.

What are some strategies you are using to find deals?  

(So unless they sell for much more than they paid they will only get a small percent of their down back, especially after selling costs,) but you did say they were getting a discount.

Every market will vary due to labor costs.