I do pretty much like more SD than SA, but as you asked, the money that I have to invest it aint that much, goes between 30-40K to start and will be definitely for long term, as I said, I´m a beginner in this business in the US, as commons says I´m at the baby steps stage right now.

This is a common mistake so many people make is not having enough dishware and flatware to accommodate a full load of people.

Water issues are the most common. 

Just want to start setting up as if it were. so far i have thought about creating 7 accounts.1) all rental income account 2) account where common utilities and mortgage will be billed3)maintence/capex expenses4)vacancy expense5)management expense (to put the units up for rent)6) property taxes 7)cashflow am i missing anything? 

Don't pay any other fees.Fix-and-flip loans will typically last from 6-24 months, with 12 months probably being the most common.

Not that it would be difficult per se to find a maintenance person who can balance a salt hot tub, but chlorine or bromine are more common!

A common delay tactic is to call the board of health on a problem the tenant created themselves.

Quote from @Ed Daniels: Very common to overthink this investment.  

You say multifamily isn’t common around you - have you actually looked it talked to a realtor?

Ryan Sorry to hear of your situation - I will say it is somewhat common due to the market run up back then.Shoot me your info and let me take a look at all.