Yes, they are more difficult to sell (the average homeowner won't be able to buy them, but other investors ARE constantly looking for apartment building offerings- especially the smaller, easier to manage ones, perhaps you reduce the rent for a handy tenant to be the 'maintenance guy', and a smaller complex he can handle in addition to his 'day job'... with multiple units, you get more rent money 'per door'- and if one or two is in transition (not rented), you have the others to make up the shortfall. 

A heloc can "never" be used as an Asset or for PITI reserves required when you buy investment properties.

Another idea I had was to just use standard research out there on building systems like the air conditioning, wiring, plumbing and so on, to estimate how much time they would normally take to require repairs.Here's a paper that discusses "energy modeling" for single family homes that is pretty recent that is an example of what I'm thinking of:https://www.mdpi.com/1996-1073/12/8/1537 

Most Homeowners Insurance policies require the house to be owner occupied. 

Things I've got down to minimal effort or fully automated: * Rent, security deposit, and fee collection* Basic accounting and tax packet creation* Listing vacancies* Lease signing* Applications, credit, and background checksThings I'm still dealing with directly ad-hoc or don't have a well defined process or solution in place for:* Requests and communication with tenants* Finding and coordinating service providers for maintenance and repair work* Scheduling showings and getting prospective tenants to make their appointments* Tenant turnover for move in and out* Keeping up with legal changes and lease template updates* Setting rent amounts* Lease enforcement - tenants are responsible for things like yardwork, routinely get letters from the city about weeds / tall grass, etc.Questions for the group:* What am I missing if I were to make out a checklist of an "automated property"?

QUESTION-if i where to pay off those credit cards in the next year or two, get my credit score to the required number and have the correct debt to income ratio.

We use Buildium to manage our properties, and we require all tenants to pay through that platform.

If obtaining financing on the property the lender may require an appraisal - make sure the home appraises for the purchase price or higher.7.

DSCR does not require disclosures as they are not sold to fannie and freddie mac but many lenders include them as a courtesy.

Hey All, If you have been thinking of buying/or selling a condo there are a few new mandates that are going to be required from each association in regards to the Milestone Inspection and Structural Integrity Reserve Studies.