We have sold a few properties and experiencing this process from the seller's side double underlined that for me. 

As you guide landlords through that stressful process, you can introduce how your tenant screening and management services help prevent future issues.2.Focus on Rental Listings as a Lead Source•A highly effective way to grow your PM business is to actively market rental vacancies for landlords.

Working with a reputable team can ease the process.

Some states are easier than others; however, it is important to understand the process and laws of owning properties in another foreign state.

Whenever possible I attend the inspection and follow the inspector as he conducts the inspection and ask him questions during the process.

If you are taking out a conventional mortgage of any kind, you can't buy in the LLC as it does not have two years of tax returns.You are also asking if an entire state is good to buy multifamily, which means you are too soon in the process to even talk about buying.

In the long run, I want to have properties that are producing strong cash flow (eventually would love to own small apartment buildings and syndicate larger deals), but it seems that focusing on cash flow and reinvesting those cash flows will be a slower process than focusing on properties prime for appreciation or with opportunities for forced appreciation.

I have found that the "value add" opportunities, with rent increases, renovations, zoning conversions, and other work needed, absolutely do take up more of your time compared to a more turnkey property - even with third party management overseeing the process. 

It has taken four months.Unfortunately, when probate is involved, the process can absolutely drag out.

I wasn't hoping for my responses to be read as an indicator of making a decision to invest section 8 or not, or stating that I have a more thorough DD process than someone with more experience.