Hi Justin--I'm helping a friend who is trying to do something similar right now--she wants to buy a duplex in or near downtown where she can rent one unit and use a second very small unit for occasional personal use and then rent it on AirB&B the rest of the time.

Those are exceedingly hard to find anywhere close to the 70% ARV rule, just because "incorrectly marketed" generally means "overpriced", but they do come along occasionally.

@Brie Schmidt and others - I work with a small commercial lender based here in Milwaukee, and occasionally he is able to put together deals with seller financing the downpayment. 

Occasionally I might find a really good deal that's also in a great neighborhood and I think it would be an awesome rental.

If you install, I wouldn't give access to tenants to monitor, We had outdoor cameras at a big complex I managed, people knew how to skirt them and was only the stupid ones that were actually occasionally caught, we had one in the pool area and that we used alot to monitor the swim area where it made sense.But they get wise, they rip the cameras out, or bust them up.I couldn't really see a reason for your size property,, I actually think it would make new tenants wonder why you would need them, as if the area was a WATCH ZONE..

I like the freedom of the occasional low interest $50k loan.

, ... even verbally sparring with the occasional challenger is all social exercise for me.I still say the wrong thing quite often, or say something folks don't understand.

Have you seen the neighborhood during all hours and not during the weekend or occasional trip?

It's loosely organized and is a meet & greet\networking group that has occasional topic-focused meetings. 

As far as investments, I think i want to focus on multi-family buy and hold with an occasional flip.