You will be able to get situated and explore the city and the different multifamily markets.

I think that is going to be my best move, although I am still exploring the best option for this first venture.

You're welcome to call me to explore options.

No matter what you do, good luck and keep exploring.

I am exploring ways in which to assist them. 

I told him that I won't be paying it as he didn't explore all options before passing me on, so we might have been able to work together and then there wouldn't be an invoice for $4,500.

If you're doing these things then you might find solid property liability insurance with a back up of umbrella insurance (as needed) far more than adequate as I have found over the last 20+ years.If in contrast you want to run a loose and fast rental property operation letting any Tom, Dick or Harry manage or lease your properties then maybe you need to explore those other options. 

That may affect the size of the loan they're willing to underwrite, but if the homes are in decent shape you could explore financing them separately to get the capital you need to close. 

I will also need to explore the potential of a property tax hikeI'll increase the reserve capex per unitVacancy rate shouldn't be an issue but good to know.

I am exploring options.