Would make sense if you can set it up properly - use efficient & effective management and make it more interesting / exciting / instagram-able then the competition.

From my own experience I can tell you, those investments are better suited to local owners. 

You'll want to enlist a CPA who specializes in real estate, trusts, & flow-through entities (this is a somewhat rare combination to find in a small/single-member firm, you may want to look at a larger regional firm to assist you if you can't find anyone who suits you at the smaller level).

I don't mind doing the property search, its just knowing what areas are better suited for investors I could use a hand on. 

And you can have up to 11 of those loans under your name. so the process is repeatable as long as you follow the guidelines. im not saying its the best option, but im saying its a viable option, and what annoys me most is when I see so much misinformation posted about it anywhere. the reason I created my YouTube, Facebook, and Instagram communities around the topics was because I saw how many times people were posting here asking questions about the 203k and were getting the wrong answers or mislead constantly by people with no deep & hands on experience with the program. 

We can talk about the range of options suited for first-time flippers.

I just got served a small claims suit because a guest thought our pet fees were too high :D

Am I better suited getting into a multi-family or a single family home and look at potentially adding value somehow? 

Fortunately, there are simpler strategies that are much better suited for a first time RE investor (house hacking, specifically).

In addition, our new home will have an attached in law suite in which I intend to rent out as well.