We looked at one through Wells Fargo a few years back, not sure if other banks have the same guidelines.

It’s been an incredible journey of self-managing the property—living in one of the units for three years and gradually renovating three out of four as tenants turned over.

My partner moved to Orlando last month but he will be flying there to visit as well.Will be my first time doing it, wish me the best of luck.

Based on your criteria, you have hit some of the good ones in your list.

Since you took one in one state, is it easier for the next time you get one?

The ones still open to adding new policies will only insure buildings built after 2000, or 1980 (depending on the insurer), and you have to be claim free in the last 5 years.Unfortunately, $9k for a 10u does not surprise me. 

My goal is to have enough properties to where I can make 150k a year and have more free time. 

I am also becoming an agent soon and it is an illegal practice of law to draft a lease agreement as an agent and one could loose their license.

Cap rate is only one metric to compare properties.

One great feature that many might find useful is their integration with Latchel to help manage maintenance requests.