Beyond that, a lot of life is just common sense.

It's common to use properties in your portfolio as stepping stones and trading them out after a period of time utilizing great tools such as the 1031 exchange.

Appraisal demand is quite high at this moment, and rush fees and higher fees for more rural areas are common practice.   

I have read that turnover is much more common in multi units than in SFR properties, and the reasons given make sense.

A common way to do what you're looking to do is to have a different bank account for each LLC and set that up in your one account in the landlord app –– so that the money for each property automatically flows to the appropriate LLC.

This is pretty common. 

@Peter AmendolaYeah, that is such a scam in my book… 1 month’s rent as a fee!  

So if there's a property A, worth 500k; and generating 10k cashflow; property B is worth 800k and generating 15k cashflow positive; I'd still go for property B.I didn't include SFH because I don't need to buy a super large house and not be able to rent any part of it (I am not keen renting it room by room or sharing common spaces).

On the plus side, they do numerous common repairs, but you must read the contract to be sure it is paid for and you can add "extras".   

The building is in great shape, particularly the common areas, basement, boiler, roof, exterior, electrical, and 3 car garage.