If I am losing money on LMHA as a landlord then there should be 10x that number of good people losing their vouchers because they cannot stay in good standing with the excess failures the system has at present. 

Quote from @Philip Anderson: I am a beginner looking for any advice on buying my first multi-family unit. 

I'd like to keep things relatively close as we get started, perhaps grow out once I get my processes and systems nailed down.

It’s awesome to see your enthusiasm for long-distance investing and buy-and-hold rentals—it’s a smart strategy that can work well with the right systems in place.

Have you managed multi before?

You think through the major systems in the house (roof, exterior or tuck pointing, hvac, plumbing, electrical, unit turns, common areas) and if they are all new you should be good for a few years (5-10). 

CRM - A well managed CRM system can transcend your business to newer heights that you didn't know were possible.

We currently manage 4 medium term rental and have some systems in place. 

By no means am I an expert but I tend to be very organized and our systems have worked well for us.  

Quote from @Connor Kline: I have interest in a multi family property that is made up of loft studio apartments, all roughly 550 sqft.