I go through a company that MSHB uses and supposedly get the equivalent of a “group rate,” as MSHB insures all their properties with this company and I can pretty much just “piggyback” on those coverages.

It would be equivalent to marshal law if they did away with wholesaling.  

I'd prefer not to list with an agent and have to pay 1-month's rent equivalent. 

Deposits in all states are cash or it's equivalent paid to ensure contract performance, never has a copy of a check been considered a deposit, a copy of a check may provide evidence in a file that a check or draft was made as a deposit, it may satisfy administrative requirements for a file, but that is not a deposit until good funds or other assets accepted are credited to an escrow account (in real estate) or to a seller's account, if not escrowed).

Also if a business is using Apfolio or some equivalent then they are using the best technology and the field is level - this is not the 1990s where you needed to pay a lot for a custom IT solution. 

The Seller, through the Buyer, will pay a locator, referral and/or contact fee to the Consultant for the Services equivalent to $______________ (_______%) of the total proceeds derived from the sale and/or purchase of the certain property located, referred and/or contacted as requested by Seller and/or Buyer, or a flat fee in the amount of $_______________ for services as described in Paragraph 1 above.

The advantage, aside from lower interest payments, being if you needed a worst case scenario you can cash out refinance a property with zero debt vs. a blend of properties where you'd have to refinance all properties to get same equivalent equity. 

If they fall into this category, you may need to look for a similar or equivalent apartment near by at same rent or higher before you can take possession of the apartment. 

I would view going to a CPA who says to specialize in real estate, but doesn't invest, is the equivalent of going to a mechanic who's Amish. 

And I can tell you that dumping automated voicemails on me just lights my fuse.It's the equivalent of driving by my front yard and flinging a pile of junk mail onto my lawn.