I've been analyzing the market for only about a month and a half and noticing that prices of multifamily and single family homes are resulting in a PITI payment that is entirely way too close to competitive rent prices to justify investing for cashflow.

I found a single family home built in 2004 for $240,000 and believe I can get 20% down within 12 months.

The larger, family centered houses near the beach are nearly 50/50.  

The rental demand in the area has been consistent, and duplexes offer the flexibility of house hacking or scaling into multi-family investing over time.With your experience in construction and remodeling, you’re already ahead of the game—fix-and-flips or BRRRR projects in Kansas City could be a perfect fit for you. 

Investment Info:Small multi-family (2-4 units) other investment. 31 duplex development located on the East side of San Antonio.

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

Hey Account Closed - I highly suggest  using a renovation loan and house hacking a multi-family if that is possible with your current life circumstances.The 203k and homestyle renovation loans are just amazing products and drastically help you reduce your risk, in my opinion, because you are able to leverage the cost of the entire renovation with such a low down payment loan.We work with a lot of clients who use these products in Chicago, and no matter what, in the long term, they gain great equity.If you aren't able to house hack - the process is essentially the same, but just with more money down with hard money or conventional construction loan.

But I'm getting substantial pushback from family exactly for being on-call like that for so long.

Pretty sure OHFA DPA allows for multi family.

In Ohio you can find a lot of single family in the $100-200k range or 2-4 units in the $150-400k range that do pretty well cash flow.