We bought a townhouse there at Christmas time and will hopefully be moving soon.

While it's not difficult, it is cumbersome to hold a deed as Joe Smith, 22%, Mary White, 10%, Bob Johnson, 13.2%, Carol Black, 16.7% etc, etc.  

We were finally able to fly up around christmas and do our walk through- and man was that an experience.  

That would work since I would only be able to go for spring break and over the Christmas holiday.

@Carol Hensal find your why.

IF on the other hand, you lose a tenant at a low activity time of year (e.g. just before Christmas / New Year) and the unit needs some work before it can be re-rented, it is very easy for a fair bit of time to pass.For a multifamily, it is normal / common to have a house meter for the electrical (external lights, hallway lights, etc) and possibly a house gas meter (if there are common areas and depending on how the common areas are heated).

They are a good property management company and they have a resident realtor, Carol DeLuna, who can assist you in the acquisition of rental properties.

Typically all the units in my building rent for the weeks of Thanksgiving ($130-180/night) & Christmas/New Years ($360-400/night).

Thank you Jorge and Carol for the advice!

Judging from the length of time to get an offer accepted and dealing with the slowness of 203k loans, I might get into this house around Christmas.