Keep in mind that MTR bookings average 3 months so you wouldn't want to move utilities that often. 

Keep that in mind for future in case you get a "needy" tenant some day. 

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

With SIMPLE in mind were going to focus on Townhomes.

They don't mind higher vacancy rates then SFH might be an option.  

5 tips i should keep in my mind when buying  rental property? 

These are good questions, but keep in mind that a month of obsessive research is still the absolute tip of the iceberg.

My long-term goal would be investing in large scale hotels, I know I know, that's quite ambitious, but I don't mind starting small and working my way up there, as long as I start from somewhere!

Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

This is what blows my mind about the cults of seller finance - they teach you to pay anything for a home because you can put little money into it.