For my units, I usually look for someone with annual income 40x the monthly rent so I know they are financially secure. 

A single-family home or small multi-unit property can be a great way to dip your toes in the water.Build a Team: Even if you’re planning to handle most things yourself, having a good real estate agent, property manager (if needed), and a reliable handyman can make life so much easier.Learn the Local Laws: Pensacola is pretty investor-friendly, but it’s always good to know local zoning laws and short-term rental regulations if you’re thinking about Airbnb or VRBO.Run the Numbers: Make sure you’re clear on the property’s cash flow potential.

@Dustin Horner 10 units probably won't even cover PT.Unless you plan to scale to 50+ units, you're probably better off hiring a PMC.

I know of some folks in KC and Memphis doing new builds like this, but they are doing it within a much larger and long-term project that includes upwards of 300-500 units built over the course of 5-10 years.Assuming you're looking in Columbia, do you have a "B+/C" neighborhood in mind?

We see mis-listed units all the time, but occasionally there's actually an additional one per the assessor. 

It is a great business as long as you have some level as scale.

It’s a 3-bedroom, 2-bathroom unit that I’ve been living in for the past two years.

Hi Greg,I have used Appfolio since 2009 and have about 1000 units on there plus Appfolio Plus.

How are guests responding to the multiple units on a single lot or is it a larger piece of land?

For intance I dont or didnt at the time own any MF I had a client contact me and I ended up brokering him a 100 unit apartment in Portland ..