You can of course also do traditional funding (banks): 20% down, qualifying credit and take 100% of the risk and manage the rehab yourself.

They are like $12.4) Multiple accounts:  Often with these 401K plans you will be opening multiple checking accounts (one for Roth Funds, maybe one for traditional, if your spouse is on the plan then one for them).

Mitchell but haven't really looked too close at those areas as I don't really have enough capital for a traditional home purchase in those towns. 

Another thing to consider is if you end up not being able to qualify for a traditional multifamily home, then you can purchase a SFH that has a casita.

Many of us started out using this strategy, and have continued to implement it with numerous nuances: House Hacking with an STR in your basement, renting by room in a SFH, and most traditionally in a small multifamily property where you take one unit to yourself.

It's quite different from the traditional turnkey model where the seller is rehabbing a 100yr old home and also managing the property, which I've invested in the past and not had a good experience with. 

I eventually found a traditional buyer who got their own mortgage.

I screen Section 8 tenants just like traditional tenants.

When funding your real estate deals, do you prefer PMLs or traditional bank financing?

There was huge demand this year and not much lasted more than a week on the market if it was priced right.As for traditional rentals muskoka is a great market because our average family income is around 59,000 per year leaving a large portion of people in that lower income level.