@Sequoiah BriseñoCalifornia multifamily sale and 1031 exchange purchases mandate landlords or property owners to issue 1099s for payments of $600 or more to a sole proprietor, LLC, or partnership, and request a W-9 from each vendor by January 31.Good Luck!

I would check with lenders though to make sure you dont get stuck and your buyers cant get an owner occ loan because of this..

Offers both tenant and owner portals.

Many, make it difficult to not show pass-thrus on Owner Statements. 

The rates on the 4 unit are astronomical even compared to what the current owner is paying (about 190/mo).

Once you have moved out, you no longer will get owner occupied rates!

Is buying a new owner occupied 2-4 unit multifamily property every year using 3-5% down payments a good strategy to scale?

Quote from @Yemisi Dinkins: As a property owner, I would never sign a Master Lease because I would give up control of the property so someone else could profit from it.

We do everything we can to be transparent with our owners.

IE if you are wanting to wholesale which I don;t reco today, its too hard, you want a list of high equity owners BUT BUT the value is in figuring out a source of stress, a reason why the owner is on the virge of wanting to sell.