Needless to say I don’t sleep much.Experience:We have some limited experience in real estate.

I am not an expert on this by any means.. there is a fellow in Indy his name escapes me  I think its Ken Myer or something like that.. who is big in this business and he might even have a educational arm to his business.. its probably worth the money to pay to have up front training before you step into this big of investment.I personally see this as buying a on going business not really the rental business.my experience with my unit .. is it was only 44 units.. but really nice ones it was not big enough for on site management.. so if I did this again It would have to be big enough to have on site management to show the units and keep people from sleeping in them and hauling all sorts of garbage into them like a hoarder.Don't do as I say.. but when people didn't pay and went dark ..

so it's unclear who would be providing what but I doubt it is sufficient to move forward.As I buyer I would agree with the wait and see approach.

@James O NixThere is a saying in credit: "Let sleeping dogs lie."

There is a BP team member who was interviewed on the podcast I work for, I believe it was @Craig Curelop, he short term rents all BR's and sleeps on the couch of his own home!

Does a $25 fee seem sufficient?

One CO alarm outside all sleeping areas (bedrooms).

Eat sleep breathe Real Estate.

Read about self sufficiency rule as well for MF for 2-4 units.

Adequate insurance will be more than sufficient to protect you provided you do not make the mistake or accumulating excess dead equity.