With a degree of due diligence, and with conversations with people who can help navigate you through the pros and cons of this, or any other type of investment, MF investors can enjoy either class a shares, giving a steady income of normally 9-10%, with no participation in the upside (a good choice for retirees) or class b shares, where they get some skin in the game, and generally can anticipate 18% or more annualized returns. 

Also if it's bid on an hourly basis and not a project basis... if the project takes longer than anticipated doing the work then the person doing it continues to make more instead of pouting mid project (which is sort of the closest example to where I'm at).

Hell, some tenants may not even let you know if there’s a leak, especially if they anticipate moving soon.

There was no mention of this during my recent closing, and the records on line where I put in the address do show that the violations are "closed"  Needless to say, I think this might take a lot longer than anticipated. 

Our business is anticipating doing about 3-4 flips this year, so we are not expecting overly complex books.

The only way I can see a rental income increase is if you furnish and rent out as a Mid-Term rental but then you would need to anticipate more vacancy time too AND would definitely need a property manager since you will be out of state.

Currently, we are leasing the property, generating a net profit of $380 per month and living in Missouri.We are contemplating the decision to sell this property and potentially gain $239-278K payment to buy additional investment properties in Missouri given the rising rental rates in the area, we anticipate increasing our rent and potentially securing a net monthly profit of $780 (annual$9,360).While we acknowledge a monthly profit, our concern stems from the apprehension that the property might not fetch as high a price in the next five years or that our HOA fees and taxes could escalate.Given this situation, what course of action would you recommend?

At the same time I want to see my investments and portfolios tested and we have stayed very liquid in anticipation of one.

I didn't anticipate securing insurance would be a roadblock especially if I'm willing to pay for the risk.Thanks in advance,

You have to be 100% certain of your ability to achieve the ROI anticipated.