What they quickly discover is that virtually a single capital expenditure, a few inflated vendor invoices or a slow turn, could literally obliterate that month, quarter or year of being in the black.Likewise, PM's have to be concerned with much more than "Tenants, Toilets and Trash".

That interest rate is killing you before you refinance, and is almost single-handedly the reason you are negative cash flowing.

but then why do i have to live in a single family resident for 2 years to avoid taxes even if I have it for investment purposes?

But what if an individual just single-handedly takes down the smaller apartment buildings say 20-40 units?

I'm selling it so cheap, that I doubt the buyer is going to to care either.

I have set up a Single member LLC for him, and am wondering if I should put him on payroll with his other employee(s), what would be the best thing to do as far as taxes and accounting go?

So I'm looking into growing my portfolio with single family / multifamily homes ranging in the 40-60k range. 

Hi Charles, just curious, would your recommendation for an experienced investor of Single Family moving into Multi Family as an eventual Syndicator be to become a Personal Student to start with or a Foundations?

How should I get started, and is it better to start with a Single Family home or Multi Family?

In any property where a single tenant has exclusive use of a yard it is a given that notice is required.