Hi @Robert Ellis- I think my broker, Alvin Taveras would be a great resource for you here.

HiI hope you are doing wellI am buying a first multifamily property in central Illinois and was wondering if someone could help me with the following;Any referrals for property insurance companies?

Likewise I have electricity that runs $90 a month for a 3 bedroom and $45 a month for a 3 bedroom with a different electric company.

@Sunny KarenNotes can be done through broker/matchmakers. 

I pay the same amount to my internal manager as I would for a PM company but I get exponentially more benefits. 

You have owed utilities over $8000 to an utility company, so we had to live without water for 2 weeks.

Where these numbers are found, there is a very high rate of rent actually being paid.A little more about the area:We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

We are coming to the new era where company that sells virtual reality , virtual real estate and AI like Nvidia , Meta or Microsoft ; and also "virtual" coin like Crypto is valued way way higher than real actual tangible real-estate like office building , apartment building and so on and so on for example the level of valuation for office building is like a wipe out.If the investment climate continue like this where there's no relevancy between investment and tangible or the real word , how conservative real estate investor like us should react ?

For all the PM companies I use and when I self manage, I pay a leasing fee. 

Too much risk and sets bad boundaries for tenants.Many use Venmo, Zelle or just have tenants deposit at their bank (local branch).There are also several free DIY PM softwares that have rent payment built in, but they charge the tenants a fee to do so (that's how the companies make money).