I have no personal experience with them but they are the only company I know of that are built more for self managers and small portfolios. 

I was wondering if anyone has any experience developing or owning something like this.

Any advice on this and experience/tips from others having gone through similar deals would be greatly appreciated!

Just because someone has experience doesn't mean that a local meetup would not be helpful.

Your first year will be a learning experience, you will want to be close to the action, as you may not have the capital to pay someone to handle everything.

My experience in a years time clients lose or can't find all the documentation of repairs.

All channels can work, but in my experience, the greatest oppportunities often pop up when you know exactly what your returns need to look like and keep your ear to the ground in your market.

Originally posted by @John Voychick:I'm sorry for your experience.

Hiring a property management company with experience in the markets you're considering can be a game-changer.Have you identified which markets you want to invest in?

@Chris Lin, I appreciate your candor and sharing your experience here at BP.