Thanks Account Closed i want to build at least a $7k/mo passive cash flow. so thinking MFH is the fastest and best way to do that. 

You mentioned getting a property manager (which is excellent) but you might consider having a good resident help the property manager/ you with getting feedback on the property activities at night. 

It's an excellent market and I agree to bank on appreciation, provided your time horizon is north of 10 years and ideally greater than 15.

Hello, I have came across what I deem an excellent opportunity but for me being a rookie, I can not grasp structuring a plan together.

BiggerPockets has excellent resources, including forums, podcasts, and books.

The key is to have a realistic plan and to understand that your timeline and strategies might be different from someone who is younger.Given your interest in house hacking or investing in a multi-unit property, those can be excellent strategies for building wealth and generating passive income.

Cash our re-fi later with long term tenants with excellent rental history and rent appreciation.

They had an excellent stay in the property but then they reported how terrible the area was and they were verbally assaulted on the street (not in the property). 

I had a good 10 year run with a property manager that was excellent with building rapport with the tenants themselves.

If you're looking for a reliable property manager in the area, I recommend reaching out to Jason Giomboni Team, who have a strong reputation for excellent service.