Property TypeUnderstand the different types of multifamily properties:High-Rise: 9+ floors with an elevator, often urban.Mid-Rise: Smaller than high-rise, usually with elevators.Garden-Style: Low-rise apartments in suburban or rural settings.Walk-Up: 4–6 stories without elevators.Manufactured Housing Communities: Mobile home parks where land is leased to homeowners.Special-Purpose Housing:Student Housing: Designed for college students.Senior Housing: Dedicated to older adults.Subsidized Housing: Affordable housing supported by rent and income restrictions.3.

Now my main issue is I need a fire detection system in a enclosed back porch that leads up to all three floors, but I don't know what's the minimum I would need to be compliant or that the fire marshall is suggesting what he wants or recommends.

Always be cautious of what you charge on things like paint, flooring etc.. most judges will use life expectancy and divide out a pro rated amount you could charge the tenant for excessive damage and not normal wear and tear 

I want to get into this space and don't know how you become a broker for hard money lending.   

that will tell a lot.. the mastermind i went to you had to prove how many deals you were doing they checked you out and you had to be invited... and there definitely was some of the top players in the industry there and quite a few that we know on BP as top providers in their space be it turn key  financing and wholesaling and also those that sell coaching.. ( which most on BP dont care for frankly)

You are better off finding a solid property that needs light cosmetic work (paint, floors, or maybe even a kitchen or bathroom remodel), buy it at a decent discount and put 25% down or more (this is when you get best rate terms). 

Quote from @Jerome Morelos: Quote from @Robert Ellis: Quote from @Jerome Morelos: I recommend converting an existing space, like a detached garage for example, rather than building from the ground up.

I then decided to modify my criteria to look for deals that were 50+ units and found that I had much more success in that space because most credible bigger buyers aren't looking at deals that are smaller than 100 units. 

I've been in the investment space almost 9 years now, and been actively investing in flips myself, the last year.

That hard work includes making the investments that the current owner hasn't made (nicer kitchens, new flooring, fresh coat of paint, etc.), removing tenants and marketing to new tenants.