I have had no issues with using their rent collection services. 

The best contractors don’t just throw their hands up when issues arise; they come up with solutions and keep the project moving forward.5.

The issue I see most is the cashflow gets crushed by HOA fees and the added headaches of having them tweaking rules etc. 

@Ryan BroschardHi Ryan,You have hit a common issue many new investors fail to anticipate.  

As soon as a tenant fails to pay rent, you can file a complaint without waiting 30 days or issuing a separate notice (unless your lease requires one).That being said, it could be a waste of time/fees to run to court because tenants in NJ may come even on rent (even after you win the eviction case) and then they won't be evicted: “The tenant shall have three business days after service of the warrant for removal to pay all rent due.”

Overcrowding can strain plumbing, electrical systems, and air conditioning, leading to expensive maintenance issues.

Also know that building a home seldom goes as expected - I have relatives that just built a nicer house… they thought it would take 9 months… it literally took 18-24 months between delays in permitting and the builder just not being able to get it done in a timely manner - often due to sub-contractor issues.  

I actually have a MF in upstate NY - it is 4 hours away from me so now planning to sell it as it is just too far away to manage when there are issues. 

I even try to unsell them on the business by sharing my financial losses, litigation,  market shifts, permit purgatory, shady contractors,  clouded title issues,  paranormal activity, squatters, mold, etc.

We value the opportunity to work with clients and partners in the real estate community.To address @David Ramirez' suggestion, if any title issues are found, the earnest money is fully refundable.