I want to put the smallest possible down payment down with an FHA loan on a multi unit.

. - Your portfolio will suffer:(You want a PMC that has great systems in place, including a great portal where you can keep tabs on eveything.You will also need to manage your PMC on a regular basis.

Overall, it's a good system.

The problem is we have so many mom and pop landlords and there is no central system to communicate new laws. 

Generally speaking, with SFR or small multis, I just rely on the lease/rent roll (and some form of proof of payment; i.e. bank statements, deposit receipts, tax returns, etc.). 

We have over 10,000 nightly stays per year so its hundreds of guests at any given time and yes we have PMS and automation systems in place as well as a VA but even with all that being a host is tough.

@Brandon Stelling As a military veteran with 100% VA disability benefits, you can leverage VA home loans to purchase properties with no down payment, no PMI, and favorable terms, including multi-family properties for house hacking. 

Sign up for my course and use my proven system to become a top syndicator."

About 5 years ago one of the sellers we bought a multi family from told us about a company that has a lot of landlords like us and we coshare insurance coverage.

Legal and Language BarriersWhile Germany has a transparent legal process, navigating the local real estate market can be challenging for American investors who are not familiar with German legal and tax systems.