Does anyone have any insight or experience with this issue, and any tips on which insurance to choose for large groups of bachelorette parties, families, and random drunks in Wine Country?

I was wondering if anyone could give me any tips on locating properties (multi-family, apartment, etc.). 

Long term goal is to have enough rental properties, single and multi family, to have enough passive income to be my own boss and financially free!

In addition to the podcast, blogs, and forums, I found the BP books to be super helpful and easy to digest: http://biggerpockets.com/books and there's also a free intro video course that has a lot of the same material as the Book on Rental Property Investing: https://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing

Hello team, we submitted an LOI about 3 weeks ago on a multi family (15 units) property and we heard from the seller last night.

People may have their own approach to analyzing multi-family, be it duplex, triples, four-plex or "many" units.  

I write my leases stating which party is the one to receive a refunds of the deposit.

If you are using hard money you need to budget for the points and fees as well as traditional third party closing fees.Repairs: The money it is going to take you to rehab the property plus an extra 10% of estimated repair costs to account for unexpected repairs.Holdings Costs: Here is where a lot of investors get tripped up.

I like the idea of multi family properties to start with because of the cash flow.

It is a term used to value multi-family and commercial real estate.