Buying land and building the multifamily residence???

[Ryan Marble]

I live in a small town in eastern Arizona, about 7000 people, and we have a pretty serious shortage of rental properties. Finding multi unit properties for sale is almost unheard of. Just wondering, if buying a lot and building a duplex, triplex, or quad plex is a good option in today's market? I would not be living in any of the units as I already have primary residence in town. Any thoughts or questions? I'm still quite new to real estate investing and i'm looking for ways to get started in my own town.