Someone on the team should have experience as a handyman or GC or have access to them; while another may have access to properties or realtors, maybe a third is a lawyer,.... bottom line all should be willing to put up $. 

I third that!

We added and fence around the property, expanded the rear porch, added a storage shed, finished off the third floor and turned it into a home office and added exterior landscaping.

Homestead U: https://www.homestead-u.com/We've done business with The Cardinal Group and Horizon Realty Advisors also, but I believe they only manage their own assets - and are not for hire third party managers.Are you buying the Waco deal all cash, or financing it? 

The third (and most important in my mind) is the transition from appreciation based investing to cash flow investing. 

That way I can vet each group with some simple communication.Just a few polite questions that ask them if they are celebrating anything special, have you been to the area before, are you planning on bringing a dog, what are the ages of the kids...they are good conversation starters and show you are interested in making sure they have a good time.

The third property I would like to acquire is a 12-unit apartment building.

Ok, maybe a third. 

Bring along someone with experience or get a professional inspection done The hidden third bedroom You can transform a large "storage" room to a bedroom pretty easily Ugly countertops and cabinets You can usually just paint the cabinets and new hardware will do the trick Bad roof Usually cost between 5-10 grand.

The third is upkeep.