I joined here to connect and utilize this medium to further my education, seek guidance, and capitalize on potential opportunities. 

@Gerardo LewisYou are a medium between the owner and all of the responsibility necessary to manage the property.

First off, my apologies if I posted this in the wrong forum.I'm just getting started in real estate investing, but plan to focus on small to medium sized multi-family properties.I have been doing a lot of searching and benchmarking from websites like LoopNet and Zillow, etc.

Looking to buy in Indiana.My criteria10-40 units$600k-$1.5MLight to medium renovations 

A coil will do a house, and a coil costs $50-$100, depending on the width of the trim in it.It's all a hustle.

Looks nice.See this glass shade:  https://www.homedepot.com/p/Westinghouse-8-1-2-in-Handblown-Long-Fire-Pit-Neckless-Glass-Shade-with-2-1-4-in-Fitter-and-4-1-2-in-Width-8573000/204836304Baths are white painted vanities and 4 bulb light bar. 

Market heavier with $1000/month for 6 months and hope I land a deal to be able to continue marketing (kind of a happy-medium)C.

Market heavier with $1000/month for 6 months and hope I land a deal to be able to continue marketing (kind of a happy-medium)C.

I have one small park (1 SFR home and 4 tenant owned mobile homes) and am in escrow on a medium sized park (9 tenant owned homes and 25 unoccupied lots)My thought was to have an umbrella general liability policy covering the business and a separate policy for each park, as I buy more.

Hey Matt, assuming I buy a 2-4 unit MF property with stable rent and cash flow today and the medium home price tanks next year.