Started with a house in college and rented by the room; have done small multi family properties and there is no better way to stack a few wins together and start building a small portfolio.

Investment Info:Large multi-family (5+ units) buy & hold investment in Plymouth.

Quote from @Trent Reeve: well, a company would have to 50 states and build in integration functionality for 50 different systems.

However if you have enough reserves, 6mo or greater then I'd say chance it but a couple of missed payments from the tenants and you have to foot the payments out of your own pocket.I'm all for taking risks but I think you really need to evaluate the age of the major systems so you don't get hit with a bunch of cap ex all at once as well as your reserves. 

I am conflicted on whether to use the 500K on one big property (ideally multi-unit) or buy several smaller properties.

I incorporated smart home technology, such as automated lighting, heating, and security systems, which is highly desirable in today’s market.

We use an Enterprise CRM System, and are very organized with our files. 

Multi family properties on the other hand tend to be more lucrative with numbers, especially if you are open minded to different strategies.   

I could not get a human to answer any of my questions and could not get the system to let me through. 

Before jumping into the condo, I’d take a closer look at whether the $300/month cash flow is worth it compared to other options, like a small multi-family property or a property in a higher-yield market.