If the process is smooth and they are managing well, continue transferring units until the transition is complete.

The home will need some work, but I am excited about it.I would appreciate any recommendations for a reasonably priced insurance company for the unit while I am rehabbing it.

I'm looking to exchange a multi-use property I own in the Bay Area for a multifamily property in Phoenix (looking at 15-19 units).

If we ever own enough units to have to worry about how to get bigger, that's a good problem to have. 

For example:CapEx: $250-300 per unit per year for older properties, adjusted based on age and condition.Maintenance: $500-800 per unit per year, depending on property class and tenant turnover.Make-Ready Costs: $1,000-2,000 per unit for turnover, depending on the scope of work required.Resources and Tools: Utilize tools like BiggerPockets’ Pro Calculator or other underwriting spreadsheets that have built-in assumptions for these categories.

You may want to consider conventional 5% down if you decide on a 3 unit over a duplex. 

If the bill is $100 a month split between four units, increase it to $120 and charge each tenant $30.How to calculate charges.

My north side Chicago which is class A-/B+ units run on average sub 3% vacancies.

For multifamily, leverages won't be as much until you have some experience not only with 1-4 units but also 5+ units. 

I'd like to think I have *some* advantage in that the newer units are asking $2450-2800 for rents, whereas I'm happy at $2k.For 3 years I've had not ONE tenant problem.