The Fort Collins based investor club, NCREIG, did a almost 2 hour class in Fort Collins on how to select and manage your property manager last year.

The tenant is still living in the apartment and not picking our calls as we tried to work out.

The closing specialist picked up right where the ISA left off and focused on building a relationship.

@Mike Dymski I agree with your take that syndication opportunities allow you to invest in these asset classes with your work being on the validation of the operator. 

@Neil Haven a four unit property will qualify for many commercial programs, which may be the way to go.With a commercial policy, you may have more flexibility with choosing the building limit and can pick and choose which coverage's you want.I would suggest calling a local Independent agent. 

Take this number and divide it by the cap rate for that asset class in that area usually .05-.08.

As I'm trying to pick up a multi-unit I wanted to evolve a bit on my deals and try to get under an LLC but I'll definitely discuss with a lawyer to see what other options are out there. 

Generate way more leads than you need, then cherry pick the easy ones.

However, I feel my new challenge right now are high expenses with these class of properties Im buying.

I suppose it is not too bad in class A areas and A to B buildings (hundreds of units) as income and class of tenant tends to be better.Everyone can have the so called high yield and high headache residential lower income tenants.