There are exceptions, like what was mentioned by @Nathan Gesner, if you are an employee of the property owners, and you exclusively manage their properties, if you're a resident manager, living in the building that is being managed, or if you are someone who manages properties owned by a single entity and have a direct ownership interest in it.

Our real estate portfolio included multiple Single Family Residential Flips, a commercial building (office/shop space), and a triplex in Canandaigua, NY.

Are these casement, single hung, or double hung? 

Some flippers I work with just gets a SOW from the contractors and some get inspection every single time.Typically wholesalers won't allow inspection periods so you have to just trust the SOW or your contractor or your experience.

DBIt depends on your goals, but generally, a long-term rental should ideally provide a solid return on investment beyond just breaking even.

Norfolk is where the majority of multifamily inventory is located, Virginia beach is zoned much more single family. 

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Hi, we are trying to do a 1031 exchange by selling our rental condo in exchange for a single family home rental.

You'll want a PMC that will check on the property monthly or even weekly, to keep the college students obeying the rules.This management may cost a bit more, but is well worth it!

It takes a very long time to even get in the ballpark.