Eric,I'm sure that would be specific to the property management company you choice. 

@Abel Teklu I wanted to get a traditional loan but since it's 4 different properties they cannot be bundled, thus, making it a commercial loan.

If that helps you sleep at night.Stock market traditional has a slow August.

Just by looking at what things are currently listed for (single and multi families), there seems to be good cash flow potential....For those familiar with these areas, would you consider downriver to be a good investment choice? 

I have known since college that I didn’t want to do a 9-5 analyst job for “Corporate America” forever, but, never really thought I had a choice.

Will probably end up landing around 1.25m-1.5m total cost.Conventional mortgage Pros:     30 year fixed, traditional 20% down, best interest rate Conventional mortgage Cons:     5 new sets of payments, 5 sets of closing costs, 5 times going through the conventional process (sounds painful), will use my last 5 conventional loans avail (at 5 currently)Blanket Loan Pros:      Simplicity; 1 payment, 1 loan app and processBlanket Loan Cons:      10 year term, 2-3% higher rate, 25-30% downThe properties will cash flow either way and I don't need the cash flow immediately.

Why not traditional lending? 

I don't see any way for traditional lending to work in this scenario and a HML probably wouldn't be worth the cost.

First choice is to look for seller financing.

Hi, we had our HVAC go out just a few days before finishing our rental. The warranty company denied our claim because they said corrosion in the coil caused leakage which isn’t covered. They didn’t mention anything ab...