When that area was built, people flocked to it for it's affordability, but over the course of several years, it became like a ghost town. 

I would love to speak with people that have experience in the area.If one of your friends would like to talk to me and share some advices it would be great :) 

Plenty of people do have 10-20 unit and work thru it, you just need to think it thru and have a plan if you don't want to do all the work. 

I'm all over areas with at least 50k people (Loveland, CO), but also places with a 1M+ (El Paso) and Large Areas like The Greater Denver Area. 

The short answer to Kaleb is that 'yes', people in BP Nation have 'experience developing or owning something like this.'

Single family has more stabilized as there is not enough people who can afford homes.The purchaser is two very distinct types of groups who buy MF vs. single family and single family is bought to own and occupy, MF is bought to generate money.

Every tax season, I see people unintentionally overpaying the IRS.

Most people assume that house hacking means living in a 2 bedroom 1 bath duplex.

If yes, then the other partners can just do a JV agreement internally which you can record at closing that allows you to still “partner” up on it but allowing the lender to still be protected if anything goes wrong with the deal or people borrowing. 

Then I work with a local insurance broker give them a valuation of the property, explain that the property is being rented and by how many people.