I agree that it seems like your strength of current knowledge resides in the development side so yeah, find a local developer to intern with to learn the ins and out of the business. 

From what I've learned so far, IO financing seems like a killer deal that opens up a world of opportunity for wealth building.Thoughts?

I haven’t used STRsearch.com personally, but they seem to offer solid analytics for STRs.

Quote from @Lakita Woodson: As landlords, you may eventually encounter a tenant who seems to damage something every month right after paying rent.

I’ve seen some investors get creative lately — curious to hear what others are doing to close deals faster.I could list a lot of creative ways to get financing, but it seems that addressing a specific scenario is much more useful. .I found a list that may answer your questionLearn 10 Low Cost Ways To Buy A Househttps://www.biggerpockets.com/forums/517/topics/1267338-how-... 

Currently I have not used it myself but it seems like an interesting and creative way to increase cash flow vs the traditional rental. 

In Indianapolis, there is one judge that seems to think she can bend the laws however she wants, so it is harder to evict in her district.Why are you focused on multifamily? 

Even many of the largest hard money lenders don’t make second-position loans.While HELOCs always seem appealing, since you feel the untapped money is burning a hole in your pocket, the current returns from private lending using a HELOC are not worth the risks.

While it may seem like a small election, a roadblock to progress and prosperity has been removed.Now an investor, a homeowner, or a resident  can come to Housing Court and finally be treated with dignity, respect,  and equality before the law.

Short answer:  it is baked into the business model.Long answer:It seems you may be overly concerned on the transitory nature of apartment renters versus single family renters.