In my mind a condo will provide me:-CAPEX is controlled by HOA (I only have to pay, not dedicate time)-Low down payment-Cheap financing paymentI plan to live there for 3-5 years and after could expect a NIAF around ($200). 

Quote from @Sarah Rhee: I have a real simple rule for investing: never sell an investment unless you can move the money to a better-performing asset, or if the sale will move you closer to your goal.Your situation doesn't meet my rules.

When you are purchasing a multifamily property, the seller will be advertising the property performs at a certain cap rate.

In the next 5 years, we can buy one property per year with 25% down (~100K), and perform the same operation of using cash-flow for paying off properties next 15 years and we will have $15K/month net-profit which hits our goal adjusted for inflation (assumed at 3%).

I only say this because the question Bigger Pockets ask above is "did you work with any real estate professionals or lenders?"

I only see my post quoted. 

Background checkCredit checkPast performance.

Ensure your records include details of any hired help and the tasks they performed.

BUT, please be aware of the followingMissing interest payments on a promissory note is not necessarily the result of a fraud, most often it is simply the results of a poorly performing business.  

@Dennis Boettjer be careful about basing your decision solely on past deal performance.