By no means was this project perfect as it was our first one but we learned so much and even with all the bumps on the road we came out winning.

There is plenty of office support, AppFolio software, I am open to bumps in commission/bonus structure -- portion of rent raises, lock changes, identifying more MF buildings, commissions IF we decide to sell any properties, etc. 

Have you ever run into a situation where the essential repairs bumped the Price into “not a good deal” territory?

Coming together has allowed me to build relationships with the players/pieces that need to be in place to make it a successful environment and there have been bumps along the way no doubt and we learned so much, but you can't get anywhere you want to go in life without learning the lessons you need to get there.  

Since this thread got recently bumped - sharing the BiggerPockets fully published article last year all about this type of loan (Multifamily DSCR)https://www.biggerpockets.com/blog/multifamily-dscr-loans

There is a bit less competition but they have started building houses hand over fist too. 

I have a 3 party who I have used since day one $45.00 to do background  so far so good couple bumps nothing too big .Last place they lived is BIG make sure you don't skip any thing that should be done .When they are serous take a picture of the DL of all folks on the rental just like a apartment would do .

If you wanted to stay on the residential side, you could do 60-70% LTRs in a location like Toledo, and then look for STRs in Vegas to bump that monthly cash flow number (especially during peak season). 

If you have a legitimate and sufficient reason to believe that the person NEEDS to sell the home for whatever reason then calling may be efficient, but simply because someone like myself is an out of state investor is hardly a reason to disrupt their day and I would always be certain to bump the number against the DNC list. 

Your right to swing your fist ends before it connects with your neighbor’s nose.