Very hard to find multi-family properties that cash flow in this A market. 

I own a large portfolio of single family properties and all of my info I give out comes from my personal investing expierence. 

Quote from @Devin James: Gross Margin is an important calculation for developers/builders.Gross Margin = Gross Profit / RevenueWe shoot for a 20% gross margin on our New Construction HomesReal #’s:Home Sales Price: $374KClosing Cost: $18,700Cost of Construction: $258KLand Cost: $30KGross Profit = $67K$67K/$374K = 17.9% Gross MarginCame slightly short of our goal of 20%Homes Values and Build Costs are constantly fluctuatingI wish we had a crystal ball build larger homes. average new build in our market is 2200 square feet, 4 beds, 3 baths, 2 car garage and sells for 515k. construction costs lower if design is good and find the median or average home sale price and push that up. my guess is you built too small. 347k is cheap. we target 429-479k price range in columbus ohio for single family homes and also only purchase close to urban core where premiums are 20% higher and we build smaller like 1500 sq ft where price per square foot goes up. 

Small multi-family is hot right now due to house-hacking (low barrier of entry), and future cash-flow. 

., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

Mine is a 2022 build  Hey Ryan, Your property checks alot of boxes for me for a MTR focused on attracting families as a whole home rental.Single story, Good school district, Little to no competition on Airbnb, No HOA.I bought a property once in 2015 and it barely cash flowed as a LTR but now 10 years later, I cash flow as a LTR about $600 per month. 

Investment Info:Single-family residence buy & hold investment in Valdosta.

Investment Info:Large multi-family (5+ units) commercial investment investment.

What seems most attractive for now seems to be multi-family markets starting out and eventually moving into 5-20 unit properties for growth. 

The White House area might appeal to families or professionals wanting to live near Nashville at a lower cost.If you're open to exploring other markets, Memphis, TN also offers strong rental investment opportunities.