This means there is a higher chance for a value-add component, as well the opportunity for creative financing (seller financing, lease option, etc).While all of this may sound great it sounds like managing a property this size is the most challenging aspect of the deal because it’s not large enough to support on-site management or a full time maintenance person, but it still requires daily attention.My questions are what systems and strategies has the community effectively implemented to manage a property this size, and how much more efficient could the management become if you acquired multiple properties of this size within 30-60 minutes of each other?

Begin to educate yourself on the topic and start implementing.

Last year, Mayor Garcetti set a goal to build 100K new units by 2021 and I know from following him that he has been involved with ULI and local governments in identifying the causes behind the shortages as well implementing policy to enable/encourage more high-density development in the area.I just returned from checking out some open houses in Compton, Inglewood, West Adams, and in the south side of Mid-City .What I'm hearing from everyone I speak to is the same: there's no inventory so everything is flying off the shelves with multiple offers.

There are new rules being implemented that will likely let many of these platforms open up to most people for investment and not just accredited investors. 

Still some flux in how this will be implemented.  

His book is really helpful to learn the terms as well as practical implementation suggestions for soliciting other people's money.

I've been curious about RVM and was thinking of implementing them.

It is up to you to decide if it's worth the money to you to have everything packaged nicely for you to learn from and if you are actually going to implement it.  

Although the Homeownership Affordability Program (HAMP) was introduced by President Obama on March 4th, it is only now starting to be implemented by mortgage lenders.

Following up on that, I am sharing a few more strategies that we can follow in conjunction with the ones you have listed: Proactive Asset Management: Implement proactive asset management strategies to maintain property value and tenant satisfaction.