But it's a start.While track record is very important, learning how to interpret a track record is just as important. 

Financing can also vary depending on whether it’s 2-4 units or 5+ units so keep that in mind as well.Having a strong team and lender familiar with multifamily deals is crucial.

First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies.

Long term goals in mind that I need a track record and capital for! 

Regardless of the type of lender you work with, building a trusting relationship is crucial.

It's crucial to keep investors informed about these factors and help them understand the rationale behind our long-term strategies.

Quote from @Dinesh Nair: I am a Canadian investor with a US corporate entity- we closed on our first property and now working to find financing through a lender… however rates keep changing all the time.. is there a site to track rates ? 

The resources and books you mentioned, like the BiggerPockets Ultimate Beginners Guide and The Book On Rental Property Investing, sound like excellent starting points.Prioritizing financial stability and eliminating debt is crucial, and I agree that a solid financial foundation is key to successful investing.

Unlike some buyers, I ALWAYS go look at the properties before the sale and discovered that the vacant lot had an active railroad track on it and therefore was unbuildable, and would remain unbuildable until the railroad removed their track. 

What property management software or tools would you recommend for tracking rent payments, leases, and maintenance requests?