Feel free to connect if you need any advice and I would suggest getting plugged in to some of the Real Estate Investor Associations locally if you want to seriously scale your portfolio. 

I understand that it is a big difference between residential single family or multifamily to that of a commercial scale rental.

In comparison, we underwrote appreciation for Y1, and then scaled back for the subsequent years.3) Inflation: I have seen this on so many offerings and I am not sure why it is not being called out.

Do a Scaling exercise. 

you are new to this, you still do not have enough knowledge or at least someone to guide you, so I do not see a reason on why you would jump straight away on 16+ unit deals, it might overwhelm you, start with learning and building a portfolio with a few 3plexes, 4plexes and then scale into 10+ unit deals.

You have to live somewhere.Don’t throw away getting a good investment because you can’t yet scale to number two.

At that point, become a market expert, go to as many meetups as possible, get a mentor in that market doing what you want to do at a large scale and go all in. 

In my opinion, if you are trying to scale your operation, it's better to outsource so you can focus solely on acquiring more listings and not worry about learning how to properly take real estate photos and edit them.

I cant wait to scale to that size and will use contractors as you suggested.

The upside of that deduction seems unbelievable as it scales ad infinitum.