Starting with single-family and small multi-family properties is a smart choice, especially out of state.

As for tenant demand, choosing properties in core locations is more stable.I find it easier to add value to a mediocre but prime location deal than to strike a good deal on a substandard property. 

Then focus on improving your interviewing skills to help you build a solid team on the ground wherever you do choose to invest.

For this type of a question I would suggest posting it in the multi-family forum. 

My suggestion is to build a spreadsheet and include the net cash flow to you for every month of the deal, then use the IRR function to figure out your return. 

My banker is too busy for me to hassle her on that.If you have a multi unit you can nominate 1 tenant to collect all the rent and mail it to your bank or PO Box.

Matthew,Am just starting to invest in multi family space, realistically up to 50 units.

You have the flexibility to show your own units and manage turnovers, etc.I see a couple of nice multi-family properties in your area for sale.

However you want to rehab and upgrade this unit, so you might choose to fish add a new breaker (circuit) and fish a wire to that room and add an outlet.

Most tech high-quality Tech coders are very good in .......... coding , making code efficient, calling different system call library and make optimization such as comparing performance in multi-threading environment, verifying ASIC logic with different memory size lol , in short most tech folks fits into Chief Architect capacity.But for real estate due diligence, LP need to have Chief Financial Officer capability, ability to read and understand financial proforma, forecasting revenue and understanding macro economic compact with certain interest rate sensitive.