My concern is whether I’d then be locked into only larger deals in the future. 

Leave some on the bone for the end buyer.

The original post leaves the door open for a challenge by the IRS, so the safe harbor of holding it for investment for two full years is the safer option.  

Managing properties remotely can be stressful, and the right property management team should never leave you feeling in the dark.When interviewing potential PMs, don’t just ask about the services they offer—dig deeper into how they actually carry out key tasks.

.- Since you need a key to lock a deadbolt when you leave the premises, tenant's can't lock their key(s) in the home and then pester us to come let them back in.--- Tenants can still lose their keys outside their home:(

But occasionally we have issues and tenants need to be asked to leave or just decide to disappear in the middle of winter and it sucks.The worst part is I find the quality of tenant interested or willing to move this time of year isn't the greatest either - often times there is a reason they have to move right now since most landlords don't like ending leases this time of year.Either lower your rent or just hang in there.

Thanks for reading - and if you leave a response we appreciate that as well

I just wasn't sure if it is my responsibility to do something if the electric bill is high and are not satisfied. do I have to be concerned about that?

The 4-plex would produce around $1000/mo cash flow after financing, and that financing would recover your total build cost leaving you with no money in the deal at the end and an "infinite return" for CoC.

It seems like the LO's have no experience working with investors and are not very concerned with trying to make the numbers work.