I am a first time rental property buyer and I have found a 16 unit multifamily building and I am wondering if this is too much to handle for a first time buyer/landlord.

You would likely need another loan (DSCR, commercial, hard money, portfolio etc.)https://www.bankrate.com/real-estate/commercial-real-estate-...I hope this info helps!

3 Steps To Take Immediate Action:1) Set small, short-term goals (establishing a one-year, three-year, five-year goal has helped me tremendously)2) Seek help from people smarter than you (I am never shy to ask questions, even the stupidest ones)3) You grow through what you go through (We will make mistakes along the way and that is ultimately what will help us become better investors)

I personally have 8+ units there in Cleveland and my team primarily helped me to make the managing of these properties easier.

You have to price well AND have incentives for buyers to take interest this year.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

Does this help to stand out and get better, higher end tenets or does it just not matter that much?  

There is alot of gentrification going on but you can really lose out on an investment if you have someone untrustworthy helping you out.

Yes, I was the buyer, but it was a great experience for a wholesale deal.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.