Investment Info:Large multi-family (5+ units) buy & hold investment.

@Eugene BrownTo expand your property portfolio, leverage equity or savings, explore multi-unit and single-family properties, and consider the BRRRR Strategy.

So I would like to get some help from people who are actually investing.I am aiming for a single family home or multi family home and I am constantly looking at properties around Austin TX.I am looking north of Austin to Dallas and south of Austin to San Antonio.However, Austin is not easy to find an investment property that generates cash flow considering the cost of rehab.Can you give me some advice on my first investment?

I live in one of two small multi family properties that I own.

Quote from @Connor Kline: I have interest in a multi family property that is made up of loft studio apartments, all roughly 550 sqft.

We want to travel via RV and potentially house hack in multi-family to have a home to return too as well as potentially take advantage of 5% Fannie Mae loan for purchase of multi-family using least amount of our own money. 

Thanks for input,Charlie@Charlie Krzysiak  It was touched on above but condo's are completely different then single family/townhomes and even 2-4 units multi family  properties.

It is multi unit so can’t use a lockbox for these cases.

Or even purchase something larger such as multi-family or commercial that provides better cash flow. 

Experience with Multi-State Taxation -  Do they have experience handling income from out-of-state properties and navigating California’s specific tax requirements for LLC members?