. - Your portfolio will suffer:(You want a PMC that has great systems in place, including a great portal where you can keep tabs on eveything.You will also need to manage your PMC on a regular basis.

For many, their downfall (and really what makes it so easy) is that it is a single-entry system. 

However if you have enough reserves, 6mo or greater then I'd say chance it but a couple of missed payments from the tenants and you have to foot the payments out of your own pocket.I'm all for taking risks but I think you really need to evaluate the age of the major systems so you don't get hit with a bunch of cap ex all at once as well as your reserves. 

Overcrowding can strain plumbing, electrical systems, and air conditioning, leading to expensive maintenance issues.

I recently had to replace my HVAC system because it was red-tagged.

I strongly advise anyone purchasing an old house to flip to ensure they have a clear understanding of the condition of the home's drainage system.

From not having an attorney draft the docs, to trying to cheat the system with the deed in lieu to not professionally servicing the loan.

I agree with everything in this post and if it was a month ago I may have agreed with everything in this post (and I gave it an up vote).

That’s something I’m still fine-tuning as I explore new areas.As for scaling up, my focus right now is on leveraging tax-efficient strategies and building a system of limited liability companies (LLCs) to keep risk compartmentalized.

Does it have shared systems you have to manage or separate utilities for everyone?