All I can say is make sure you have plenty of cash reserves just in case your tenants do not pay or there is a catastrophic repair that will be needed.

@Renard Miller I have seen cases where a landlord either didn't collect them or traded services for the deposit.

(Due to circumstance - more so than some freedom walkout retirement announcement)When applying for a commercial loan - I've read that the loan is based mostly on the property's income to loan servicing amount.What impact will not having a W2 have in this process?

Ideally you get one person who does everything but sometimes that is not practical or realistic so you figure out what is best weighing cost and providing quality service to your community. 

Although they were credible they would take you through success stories and tutorials of previous students who had scored big from using their services.

I have been using both of the above for various things the last few years during my day job and plan to use one for my personal business as well.You do not need to be "an agent" to use a service like this... even my doctors office uses docusign for new patient signup.

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.

@Chris Hodge depending on where you live, there are actually companies/services that will take care of getting the information for you.

Your example is 101,750 a year cash flow over the 20 year period you mentioned....and as I noted you are basically eating your principal all that time and have little left when you sell at that point....NNN leases are out.From your example:"$2,035,000 Accumulated Cash Flow (NOI)If you put that same "seed" money into the stock market...or almost any other investment, that money is "parked" there the same way.However, if you used that same $2M as a 20% DP on a NNN worth $10M, with a minimum of a 6 CAP (I know, you want higher, I just focusing on the minimum you want) you would have a debt service of around $560k/year...which would get you your $30k.  

Are there any good tips on how to better estimate reserve costs for new apartments?