Also, start there and then in couple years do SFR.. just evaluate each deal and go from there. 

It's important to familiarize yourself with landlord-tenant laws in your area, and stay on top of maintenance and repair issues to keep the building in good condition.It's also important to thoroughly evaluate the financials of the building before making a purchase.

When you are ready to move, you can then evaluate.

Secondly, does anyone have a good metric for evaluating mid-term rental demand?

Hi Team,I’m evaluating duplexes in my area.

I am a restaurant franchisee w/ 28 units and I've started buying up the real estate. I'm currently looking at adding a restaurant to the portfolio, which includes the real estate. It's a main street property with the ...

Do you use a boots on the ground type individual to help you evaluate a perspective property? 

It sounds like you need to evaluate your property and narrow down what it would be best suited for.

Our plan in the near term would be to use the cash-flow to buy additional properties every 1-2 years, increasing cash-flow so that we can live off that income after 10-15 years.Given our modest goal of $10K/month, I am leaning towards Option 2 which is to use cash to buy properties and in a few years re-evaluate financing.Here is one of the new construction duplex properties I am vetting right now:Purchase price: $360K for a duplex.Expected rents: $3300 monthlyInsurance + taxes: $500Vacancy, Maintenance + Capex, Property Management (25%): $800Net cashflow: ~2K/month (CoC ~7%)

Revitalizing listings every 2-3 years for peak performance is also a capital cost to consider during evaluation.