Long Distance Real Estate, Multi-family vs SFR

[Andrew Cook]

Good afternoon BiggerPockets family, I don't have one specific topic or question to propose on this discussion; more so seeking some feedback on my situation.  So lets dive in and get you up to speed on what's happening; I am currently deployed overseas until mid 2019 with a substantial amount of cash saved up and want to put that towards proper investments while I am away, so when I return home real estate investing will be my sole focus. I am looking to purchase at least 5-10 new properties over the next year and a half hoping to get cash flow of 1500-2000 a month before returning home. I live in Southern California and for my particular situation I know I will be investing in out of state rental properties in the Midwest, because lets face it the buy and hold strategy is pretty unrealistic for my local area. I just finished reading @DavidGreen's Long Distance Real Estate Investing book, which is awesome by the way, and took a lot away from what he provided and recommend it to anyone! It brought up a few questions the first being;

Do I use the cash I have saved up to implement the BRRRR strategy vs buying multiple homes with down payments and using conventional financing (possibly looking into 203(K))?

This question I'm sure comes down to personal preference, but was seeing if some people have had better success with one way vs the other.

Which leads into my next question of whether or not to buy 1-2 multifamily homes or 4-6 single family homes?

By using the BRRRR strategy I am limited to the amount of property I can purchase at one time (with the amount of cash I have saved), considering the rehab time and time frames I have to have the property before refinancing and taking that money to reinvest vs buying multiple SFR with conventional financing that need some work, but could be rehabbed within a couple months and the work is being done on multiple homes at once vs 1 multifamily. You could say I'm somewhat impatient, but like to think of it more so that I am a go getter and want to see my returns from investing sooner than later ha! Any feedback is much appreciated looking forward to your responses and thank you in advance.