Of course, I had to make additional assumptions about the cost of property taxes, insurance etc. 

I think its a scary feeling, like the cost of entry is too high.

I take a picture of their driver's license.I ask for phone numbers that accept texts and any alternate land or business phone numbers.I ask for the names and birth dates of anyone under 18, and ask if there are any service / emotional support animals, together with their names and breeds.I also ask for personal references, previous landlord contact info (and length of time there), employer contact info (and how long there, together with earnings), as well as the name and contact information for their manager / boss.

You did some fraud or such and I would want to know for sure before doing business with someone. 

Zach and I are colleagues we currently do not have any business together but he will call me and I call him to discuss things related to RE..

The stone elevation can be expensive but will really move a house quickly with the added curb appeal.Some things I like to add for not much extra cost..

What I like about multifamily is the splitting of costs.

Any tips on balancing renovation costs with tenant expectations when preparing a property for midterm stays?

Even if it was $100k, 32 units would cost $3.2mm to build.  

I use buildium which is a good value and I think the integration with tenant turner alone saves triple the hours needed to be worth the cost.