@Flint Gardner, we have been using Buildium for the last 10+ years and there ABSOLUTELY is the ability to enter any number of units in a multi-unit building.   

However, while one point stated have ability for attorney review, another section stated for auction properties, supposed to have attorney review agreement before bidding(and realtor supposed to inform you)??

My negative view is because wile the legal safe guards are important the only real asset here are the contracts and you need to evaluate them as well as the ability to perform.

As your quantity of work and relationship with your contractor grows, so does the ability of him to give you better pricing and thus keep more profits in your pocket as well.

The irs might send you a bill, but no one is going to drag you into a debtors hearing and order you to empty your pockets in front of a judge.

Interest & depreciation are treated as an expense, and exchanging defers taxes.The key is to have confidence in your ability to create a series of great deals to build your portfolio.

Eg: time left on lease; ability to repurpose building.3)Capital improvements: When I see a property that ‘underwent extensive renovations’ during what appears to be the middle of the existing lease, who paid for it?

Doing the work + Knowing the material prices + Over a period of time = Ability to estimate accuratelyUNLESS...you are like me and somehow think you can do the work faster/better than you really can - lol - or your superman vision just wasn't working up to par that day (my excuse).  

Because of the layout of the existing walls, and the routing of existing plumbing, ducts & electric, I knew it would be a fairly simple and inexpensive operation (again--I only knew this because I visited the property)...after the work was done, it transformed the place from a negative cashflow property (that mostly only appealed to college kids) into a cashflow positive property that appeals to couples, couples with a child, well-off single people, and pairs of housemates.The "physical assessment" and the ability to see the potential of a property is a skill that can't be easily learned via books, youtube videos, etc.

Unfortunately, having no debt of any kind probably hurts your ability to qualify for a loan.