This is not a task for people with a rough touch or lack of patience.

Property 1: 3/2 @ 1,456 sq ftPurchased in May 2019Purchase price: 167,000 with 20% downInterest Rate: 5.75% (3.75% after refi in process)PITI: 1,197 (1,037 after refi in process)Rent: 1,625Cash Flow after expenses: 147.52 (308.00 after refi in process)Property 2: 3/2 @ 1,316Will close in April 2020Purchase price: 179,900 with 25% down Interest Rate: 3.625%PITI: 1,023Rent: 1,500 (market comps)Cash Flow after expenses: 191.00As you can see, my second property isn't even close to the 1% rule, but it cash flows better than my larger home that was purchased last year for 13k less.

What about a larger multifamily - 4 to 8 units, let's say.

I am a relatively small owner of a 4 unit & a 2 unit that I manage myself so I don't have the scale to build a website like a larger investor/property manager. 

It is not always an easy task, and it takes time and money to get it prepared to develop.

MIGA offers political risk insurance, but typically only for much larger transaction sizes.

They performed tasks I hired them to do.

I am unfortunately one who owns a larger 7 bedroom cabin and I have had a few cancellations already. 

Unless you want to do AFS (Agreement for Sale) which then you allows you look at larger cities. 

Probably best to speak with an attorney if you are thinking about doing a larger syndication of multiple investors