I already own numerous properties so, just playing worse case scenario/devil's advocate, I am assuming that after re-financing the 5th or 6th home, the income requirements will be significant.

I've used a HELOC on my primary residence numerous times to support cash offers/acquisition without messing with more cumbersome financing or partners.

The federal government and state of Colorado have numerous rules and laws to protect tenants and home buyers from being discriminated against.Here's a description of the Fair Housing Act from HUD's website: "...as amended, prohibits discrimination in the sale, rental, and financing of dwellings, and in other housing-related transactions, based on race, color, national origin, religion, sex, familial status (including children under the age of 18 living with parents or legal custodians, pregnant women, and people securing custody of children under the age of 18), and disability."

Specifically, being able to access property data from the web.

As I search the web I find it difficult to get a clear description of the universal documents necessary to Refinance their 5-unit property other than the profit loss, personal statement, and Capital Expenditures.2) Would you recommend using an Accountant to gather financial statements or should I try using QuickBooks (no experience)?

I showed him the MLS site on my phone and gave him the web address.

In my local market there are numerous 3% down conventional products for single family, 5% down conventional products for duplex, down payment assistance on more than 1 unit properties, tax credits, all kinds of programs that have other ways to benefit owner occupant buyers. 

So while there's a lap pool, gym, concierge, bocce court, and numerous other amenities, there's nary a tub in the place. . . unless you count the tubs in the dog spa.

@Elisha Ballard Web sites can be less expensive, and I would certainly say you should get one to refer people to, but mail will be more effective in the long run.Someone needs to be actively looking and putting in the right key words to find your website.

You can get an estoppel from the tenant as to their personal information and current rental agreement if necessary.Adjacent properties, including property lines, and neighborsNeighborhood, including crime historyVisit the property and neighborhood numerous times at all times of day and night and observe what you see and hearAlso, look at current zoning and anything in the pipeline from the city planners office about the areaPublic transportation accesssPolice and Fire District info regarding services providedInsurance you will needFinancing you may needAs to what the property management company may need or want.... ask them!