All depends on location and what shape the units are in.Thanks for the encouraging forum!

Through wargaming, it is easy to see how the motivations of the operator can become very misaligned from that of the investor when they use a Preferred Return or Waterfall structure.  

To make the math easy let’s assume you buy a 10 unit building were each apartment rents for $1000 a month.

I use Rentredi.I also use Paypal, Zelle, Venmo.I make it as easy as possible for people to give me money.I track it all in a spreadsheet for many properties.

I built a 12-door portfolio in Detroit, and the process wasn’t easy, but it’s one of the few markets where BRRRR and strong cash flow still work—if you have the right setup.A Few Thoughts on Your Questions:1.

All I know is he keeps asking for pictures on the rental, while another insurance agent is not asking any pictures on other rentals that are near.2) Why do the same insurance companies do not require for other rentals that are in the same shape/age that are with other insurance brokers?

He loves Zillow because of the brand recognition, it's easy to set up, and it allows him to accept rental applications online. 

Anyone who is advertising an "easy way", you are the product.

Additionally, while the proforma rents are reasonably easy to determine, the proforma expenses are quite commonly based on T12, and not achievable in reality, specifically insurance and taxes. 

It's easy to focus solely on the numbers in real estate, but as landlords, we’re also providing a fundamental necessity—safe and stable housing.