@Sam HendricksenMultifamily is super competitive in this area and you have a huge advantage over your "competition" with the fact that you are owner occupying as most deals nowadays hardly cash flow. 

Looking for a long term play with rent stability more than making huge cash flow.

I won’t be touching the cash flow for many years, just looking for rent stability and some growth.Any thoughts or advice?

We’re really best suited for those high income earners out there with strong investment experience and cash positions to literally take the reigns and create a strong cash flow product and tax write off for them with minimal time spent on their part.

I am looking for neighborhoods with positive appreciation and cash flow.

in order for the few who created the scheme to risk prison, and forfeiture of their resources, just to become even more wealthy... they had to know that there was not going to be any enforcement action taken regarding their criminal actions, or they would never have taken the considerable risks involved. 

 - poor cash flow.  

Therefore, you would need to file partnership returns for each LLC.Given these considerations, both approaches could be correct, depending on the specific circumstances of your LLCs and state laws.

There are a lot of hotels right now that are failing and going under due to low cash flow -so its a failing hotel.

If you want to put down a low down payment, you might not cash flow for a few years.And FHA for 3-4 units is almost impossible.