Before it was a job where as now I am focused on passive income.Excited to learn and connect with you all!

I would focus on what people actually use your property for. 

You will need 20-25% down and a commercial loan for the rest.Most lenders will want to lend to an LLC with you personally guaranteeing the loan.Typically, each MFR would be purchased under its own LLC, for liability purposes.Each LLC would then also need its own bank accounts for collecting rents and paying expenses.

I actually work for a mortgage company and am a loan officer myself but as I just started i'm trying to wrap my head around all the programs and markets.My broker doesn't focus on investors so it might be wise to find someone who does and learn from them. 

The landlord would have to pay unless the tenant was responsible somehow, which isn't the case here. 

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

Our focus will be long term buy and hold multi family units.

Then, in year 11, you will begin paying down the principle amount of the loan over 20 years. 

I'm focused on coverage not pricing though.  

This is what you need to focus on first.