Hi guys -I made the classic mistake of taking people's word and not properly screening tenants - so now I have a situation going on.

So I'm in classic analysis-paralysis trying to figure out whether to go SFR with a higher interest rate and depend on appreciation to make the numbers work OR to go with multifamily and optimize for cashflow while settling for possibly a lower rate of appreciation.

One of my favorite methods is the classic house-hack in MFRs.

I've been looking a brrrr deal under $100k including purchase price, rehab, closing all cash.I have already contacted few agents who are highly active but unfortunately there are no deals as I have learned from the books to follow the classic brrrr strategy by making an offer 20% under the market value, and rehab, and 70% rule. 

Yes, there are some lenders that can give a much better rate, sometimes (a classic example are credit unions). 

Besides the classic ( high growth , good employment , sunny weather environment ) factors everyone says to look for

Updated and renovated to a modern feel interior while maintaining its classic turn of the century charm on the exterior.

They agree that classic wholesaling is a license required activity, and if you read the respective laws, it's hard to deny it. 

This is a classic case of "tenant / civil issue" not a landlord issue.

They told me the line was cracked and needed to be dug out and replaced(I now have a router guy that assures me this is a classic upsell tactic by this franchise) $5,000 later I now approach situations with a level head and make sure to vet the problem more fully.Aside from some miscellaneous tenant management issues, this deal was a great start in building my confidence and anchoring my future investments.