Also, I was thinking about it and I think if you were going to make shared amenities (like fire pit) you probably would be very successful doing that strategy I mentioned for larger listings.For big dates I would have one listing that is both the primary and ADU that sleeps 12+, or whatever the number is, and then you can have the ADU and primary again as separate listings for the rest of time. 

If the property is vacant, you will attract a larger pool of buyers as not everyone looking for a house wants to use it as a rental. 

Now that the property has been renovated, I have recently been applying my efforts toward starting a syndication to scale up to the purchase of larger properties.

If you have a PM that is stealing from you, they probably have all sorts of ways to prevent you from knowing that.I would be surprised if any licensed property manager is misrepresenting the rental amount on the statement.

Use that as a downpayment on the new larger asset.

I am waiting for a seller to let me in on any sort of motivating factor or insight that could help me put together a proposal. 

@Robert RixerHere’s my back of napkin approach to easily sort thru MF deals. 

The 3 issues you described are all fairly large red flags, especially for someone's first property.

Feel free to inquire about their staff qualifications if it's a larger organization.2.

As a Lender, I've seen all sorts of crazy stuff with flippers and builders failing to properly document contractors, proof of payments and lien releases.