I invest places I’ve lived and frequently visit

How much this will cost you depends on what you are looking to attract, family tends to stay longer so marketing fee may not be as steep over time.  1b/1b may get a turnover more frequently and require you to put more money aside assuming you may have to pay a marketing fee. 

Is this something I should be prepare for as a frequent, infrequent or rare part of the process?

If it is currently fully rented, how frequently do those units turnover?

There is a short term forum which I frequent.

An accredited investor that makes these investments frequently and worth 10 million and knows how it all works is used to occasional reports and calls putting in 100k or 200k at a time etc.The PPM agreement spells out that every investment has risk.

We get spammed and cold called by HML pretty frequently.

We do this frequently and bump up the cap by 1.x)

When it comes to return the deposits after repairs or cleaning its always an issue and heavy debate happens frequently. 

Definitely one of the best I’ve seen on here regarding this frequently asked about topic.