If they can't do that, keep looking.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

I have never done this or even looked into it.

Of course, have a professional inspection done that enters each unit and do a sewerscope.

Depending on the exact location, age, roof construction type, etc, there definitely could be a few things to watch out forAssuming the roof is of a reasonable age, it's still more than possible to cash flow with these properties, even after accounting for recent increases in insurance rates that we've seen.

Glad to hear it!

@Saurabh Kukreja it all depends on what your goals are.

Quote from @Andres Triveno: If its as easy as just getting umbrella insurance why do I see so many single family homes with an LLC registered as the owner?

It takes alot of capital to furnish-- whatever you budgeted, it's probably more.

You don't have to tweak much to take a traditional LTR lease and make it fit an MTR or month-to-month setup.

I have tried it in the past but I didn’t see the value in it.