Jung,Welcome to the BP forum its a great time to start as mortgage rates fall and home prices still priced well in many states.

Jay I know you are a player in this space as well - but I am curious to your opinion on finding decent loans to buy.

I've brokered a number of 1031 transactions and can help with that as well. 

Cash Flow & Value-Add PotentialA well-selected multifamily property could outperform the $2,400/month cash flow you’d get from paying off the townhouse, especially if you find a property with under-market rents or appreciation potential.

@Samuel Coronado - the challenge is that there will likely be a very small number of renters looking for a house that size, as well as that can afford a rent amount that high who won't just buy otherwise. 

Yes, they are actually selling individual units as well

I also have a client in Turlock who could rec a good CPA up there as well.  

(Could be more than just two) So just be aware, you can use the sec 8 income to help with qualifying for a DSCR loan but you could very well end up with a higher rate.  

Over the 30+ years my wife and I have walked and pencilled well over a thousand possible deals. 

We are still using some towels after 7 years of use as well as all the sheets since we started.The key to those is washing them right.