While it is true that the time of year can influence market activity, as others have mentioned, there is usually a trade-off depending on the season.

We put $75K down to begin with and likely have $85-100K in equity ( depending on what non-scientific source you check since I haven't had a full appraisal done) on it.

Whether to start with single-family or multifamily really depends on your goals, resources, and experience.Single-Family Pros: Easier to manage and finance, especially for a first deal.

@Marc ShinThe timeline for completing the BRRRR process can vary depending on a few key factors, like the condition of the property, your financing strategy, and the speed of contractors.

And you'll have the best rate/points options with a primary residence.Option #2 is great, especially if you're willing to move into one of the units (because the down payment minimum is just 5% or 3.5% depending on program), but as you mentioned it's really tough here to find small multifamily here.

Each jurisdiction has their own Zoning designations and restrictions, and they can Vary significantly.

I like the idea of no pets and that is decent income (depending on what the rents are).

Depending on the application, first, last, security, and another month or two.

Need a binder and a paid receipt or confirmation that it will be escrowed prior to CTC.  800 - 2k depending on property and location.CDA - This is an audit of the appraisal to check to make sure the value is there. 

Also, it depends on what area of the country you're talking about.