Consider who your target market is, what are the norms of that market, then if there are aspects that you want to avoid you'll need to provide contractual covenants to manage those undesired aspects which are legal.

I served on my board for eight years and I've worked as community association manager for even longer.

Maybe saying we didn't buy right would be more apt- I acted as my own property manager, which evolved into me feeling sympathy for my tenants.

I recently moved from the East Coast to the Seattle-Tacoma area and am starting to rebuild my business. Back East, I was a HUD broker for several years and had some good relationships with regional banks, but none of ...

While I think I'm fairly handy (but extremely slow compared to a pro), I don't think I have the time to get into rehabs, neither in DIY nor in the managing sub-contractors way.

The balls in my court now, and the only thing holding me back is I am afraid I can't manage another 48 units, full time job and most importantly, be a great dad and husband. 

Apartment next door is renting out for about $450 each unit, so this one could be poorly managed.

If you are starting out with single family and self managing that would be very difficult and costly to manage, imo.  

My husband has a rental property currently in downtown SF but his father has managed on his own and has barely raised the rent over the past 5-6 years.  

I'm looking into current financing I can get with a local portfolio lender, but I can imagine very soon that I'll be wanting to manage multiple flips at the same time, but will run into the problem of not being able to get another loan personally.