Online EFT would be great, but I'm sure there's some old people that wont do that.

Is it just 1.65% of your total profits?

Unless it's going to totally kill your bottom line, I would do it if you're already having HVAC work done since it's likely going to be cheaper than deciding to add it on later down the line.It would definitely be a selling point for a prospective tenant or future buyer.  

If your total investable money is $60K, maybe spread that across three different properties.  

In order to qualify for va loan on a multifamily, you must have 6 months cash reserves totaling your PITI, also must have prior experience managing rental units or other background including both property maintenance and rentals.

But I like the cleanliness of some of the programs with the convenience of online payments, work orders, background checks, leases, etc...  

Then, with lease extensions, it goes up from there.At this point, if you sold it at the same 9% CAP you bought it at, the sale price would be  over $2.4M.If you add it all up over that 20 year period, the numbers would look like this:$2,035,000        Accumulated Cash Flow (NOI)$   422,222        Profit upon sale$2,455,222        TOTAL over 20 year period....and no management responsibilities.

I'm totally willing to try this; I just want to have a good approach/introduction ready. 

@Joseph Dzwiniarski  You could calculate the total cost of HVAC, roof, appliances, water heaters, etc., figure out their typical useful life, and determine how much should be set aside each year based on the current replacement cost.  

They restrict rentals to 20% of the total.