In addition to my real estate expertise, I’ve spent years building and collaborating with property management companies.

Additionally, are there any other methods, approaches or strategies you’d suggest for someone just starting out in this space?

Given Covid related material and supply shortages, should I plan additional buffer time around my contractor's estimates. 

That way you can still get an additional discount, you have them do the work so no liabilities, and you shouldn't have to worry about those fees.

I got a very good price on the building (about $25k per door), but it was a ton of work as in addition to tenant issues, there was TONS of physical distress (foundation repairs, sewer line and water line repairs, electrical upgrades, new roof, and apartment renovations needed for all units). 

Additionally, we will see the unemployment rate tick up another .5%, to 4.9+ maybe even over 5%.   

Your structure does nothing but provide plaintiff's attorneys additional defendants to add to claims which only complicates litigation.

The ones I manage total to 20 bedrooms.These rooms rent for between $125 to $225 per week depending on room size and amenities in the room (beyond basic amenities may include: Desk, Tv, private entry, tenant controlled AC, additional storage).This month after padsplit takes their 14.25% cut of the revenue I am recieving, from the units I own, $15,230 from 3 homes.

Here are a few additional insights that might help as you transition into multifamily:First, when scoping out deals, relationships are key.

Additionally we keep the total security deposit until ALL the tenants move out, so the leaving party won't get their security deposit back until the last party leaves.