Vertically integrated  they have call centers they have closers that run out to the property the second they get a lead they have office staff to handle the transactions..  3. owner is sharp knows the business inside out.. and frankly would do very well at just about any business they wanted to work in.those that do this on their own with zero help.. those come and go with the wind.. failure rate I suspect is far more than 90%Along with Markets matter.. do you live and work in a market with excess inventory that can be had.. or are U in a very tight market.. tight markets are tough..

@Kaleb HenryAdd to the fact there is also a Conventional option called Home Possible where you can do 3% down on a 1-unit or 5% down on a 2-4 unit.So if you are looking at multifamily homes, if you play your cards right, you can buy up to 12 units with 5% down, 3.5% down, and 0 down, all within slightly over 2 years (since you have to live in each for a year).And if you are working with the right loan officer and realtor, they can help you with how to use seller credits together with those low down payments to get you into these properties with very little out of pocket.TYFYS and best of luck!

Exterior/amenity improvements, unit interiors roughly 50% of the total, move leasing office from unit, to extra space in building next to laundry room (making laundry room much smaller with new laundromat next to property)

I usually just advertise it as a 2 bedroom unit with a storage/office/den/extra room, but it just feels like there is so much wasted space. 

Prior to that I was in the mortgage industry for about 6 years where I did everything from basic branch admin stuff, compliance and QC, processing, and eventually was a licensed loan officer before I decided to change paths to public safety.

Friends of mine who are property managers have given me information on the company they use to do their background checks and that I can also do a check with the local sherrif's office. 

Most small offices would be okay with you working under their license from home without requiring desk fees or floor time.

We currently have 13 local offices but nothing currently in your area.

You also need to call an eviction office as each court workload is different.Vacancy assume 8% (1 month) for estimating reason.I will carry more liability insurance as extra.

@Cameron RileyI have a home office and manage all my properties + do maintenance and rehabs myself.