Where the strategy can get is exciting (and what most investors shoot for) is when you can utilize that depreciation against your nonpassive income i.e.

I listed the properties, and over the course of 4 months sold 4 of the 5 utilizing the contacts I made at interacting with automotive shop owners.

Most residential agents aren’t proficient in INVESTMENT property, and hence wouldn’t deliver satisfactory results when utilized by investors. 

I utilize my General Liability and have a separate commercial umbrella to manage the risk exposure.

-How do you manage utilities since everything will be shared?

PS: dropped a few pics of structures I saw onlineSituation: -I am looking to scale my portfolio by utilizing out of state small-multifamily and working with Section 8 tenets. 

Besides the long investment cycle, you have to know a lot about zoning, development, local politics, irrigation, farming, subsoil conditions, easements, utilities, development costs etc  Don't fall for the idea that just because you bought it at an auction means you've got a deal.The "easiest" land game to get into is to buy buildable infill lots

Regarding insurance, i would recommend working with an insurance broker (happy to DM you the one i utilize) and they can shop for the best one for your rental. 

 Hi   we specialize in utilizing the Section 8 program in Indianapolis.

She is $50/hour and has spent a considerable amount of time getting my books straightened out to utilize Quickbooks.