I have almost 400 units and we average about 40% turnover per year.Based on personal experience and networking with thousands of investors and property managers for the last 15 years, tenants tend to stay longer when they are (a) way below market rates, or (b) poorly supervised.

Don't have the cash or equity at this point to do the cashout refi, otherwise that's the route I'd prefer to go. 

Personally, I think this state maybe the best place to get started because houses are so cheap here.

Personally, I love gas stoves.

Are you attending any networking events in person?

I excel in identifying landlords open to this approach, paving the way for your business to soar to new heights.Additionally, I am available to support you as a personal assistant, ensuring your requirements are promptly and effectively addressed.

If they personally don't have any larger MFR experience, then I would suggest forming an LLC with someone who does who would be willing to jump on as a low-level equity/experience partner and that shouldn't be a problem.Good luck and let me know if I could help you put something together!

If you have private money available, you should explore those as preferable options due to terms and upfront coasts as compared to HML options. 

I'm living overseas now so in person doesn't work, but I'm from Morden, MB.

I personally have a very strong reputation in the Detroit market as well as here on BP.