We come across a lot of owners super frustrated with their current manager and the main issue seems to be communication, on top of cleaning/maintenance and lack of attention to detail.

I’ve flipped homes and currently own two multi family properties in the L.A. county area. 

I currently manage over $10 million raised in this manner.

I'd recommend doing some research into what markets you want to target (landlord friendly / growing population / economic drivers and developments) of those markets. 

I'm utilizing a DSCR loan due to my current lack of reported income.

Can't you get your builder's risk policy from the same agent you currently carry your general liability (for your GC business) with? 

The MILLIONS of dollars in assistance we acquired for residents to stay current during covid, protecting both them and our trusted owners from financial hardship. 5.

We come across a lot of owners super frustrated with their current manager and the main issue seems to be communication, on top of cleaning/maintenance and lack of attention to detail. 

In California insurance went up a lot even for regular landlord insurance so currently here the difference is not much.Are you asking for more rent from your arbitrage operator than you will ask from a regular tenant?

Reason I ask is the market rents are way higher in the area and the asking price does work with currents.