After over a decade in asset management where I currently oversee a portfolio of more than 45,000 apartment units nationwide for a large Fannie Mae/Freddie Mac lender, I am finally ready to get into my first small multifamily buy and hold investment.

@Scott Mac“It seems like these anomalies pop up from time to time, but they are more likely to be workable by someone who has a larger position in cash, a larger net worth, and experience in that asset type and asset class.”EXACTLY!  

Quote from @Scott Mac: Hi Stone, I take it you've never seen this old "I  Love Lucy" clip https://www.youtube.com/watch?

#5 is one I haven't done yet but have concerns about idiot tenants who won't replace the battery on the smart lock and then say they can't get into the home #10 There are now water sensor IoT devices that can definitely help monitor floods and have been shown to be well worth their while for anyone who owns apartment buildings as they reduce insurance premiums and help prevent huge water damage claims

@Scott Mac  That would be pretty typical to mow 1/4 acre lot with a self propelled push mower in the northeast.

I can tell you that Freddie Mac and Fannie Mae can require bldgs to be in "single asset entities" .... 

(edited)This will affect investors with separate metering for little used units or devices like pumps or EV charging.... even if you have excess solar generation or whatever the bill charges will still apply. 

Therefore the reports can be "portable" on any electronic device...

I also have to mentioned that the biggest advantage of using AI is for internal company usage, especially in a companies where it has multiple product, multiple supplier , or producing very competitive product ; company like home depot , medical device or even Adobe, can really make killing productivity by leveraging AI.For people in tech, the ability of AI to generate a code , a database or to articulate complex system , is very valuable.I have been moving from search engine to AI too in last few months and result was great.

.: @Carlos Ptriawanyep, am still waiting for ChatGPT to be able to tell me what the condition of every single sewer line in Pittsburgh is.This should be doable by installing some IOT device lol