Different strokes for different folks.

@Cristian Estremera the initial difference is the financing options.1-4 family are eligible for FNMA, FHA and VA mortgages.5+ units require commercial/DSR loans.As number of units increase over 5, management changes.

Check the appraisal if they noted it as "Deferred Maintenance" - most DSCR Lenders will require the property to be fully turnkey and either $0 or up to a very small amount, like $2k deferred maintenance noted

I've done some of the leg work for a client who had contacts in PR and talked to some folks (looking into investing in PR).

The only problem I see with that is I would have to get a conventional loan on my next purchase that would require 20% which I’m trying to avoid.

Crime rates per capita here are pretty exaggerated as a huge chunk of crimes are committed by folks from out of town. 

Trial judge granted them stay with no bond required.

Massive marketing campaigns go out to these folks to get your phone ringing.The fun doesn't stop there. 

The one I've been using requires me to go into the bank to sign with each tenant turnover.Does anyone have a bank or strategy where they don't have to do to the bank themselves? 

I will choose the best comparables to use and then do a market analysis to determine any time adjustments required.