The tricky part will be to get the the city to change your property's zoning to multi family (if it isn't already).

You could rent to young professionals or to families.

If you get help and look in the right locations, you can make the numbers work and still enjoy the property with your family.

Single family or multifamily, flips or rentals, new developments in light areas or infill lots?

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

As someone who had a parent pass away and had a family member getting blasted with text messages with offers to buy their home after this - I can see also the side of it that is "leave them alone".

How do you buy a property one day for 40k put nothing into it and sell it for 80 the next day.. some one is getting screwed :)  I get the math I get wrapping the notes my family had a company call CA Wrap we did hundreds of them .. now they were on vacant land as we were in the land bizz and this is much more aligned to the land business than buying homes and selling to owner occs.. 

What are some companies that others are using to insure multi-families of this size?

We've decided that we'll likely look for something somewhere in Guanacaste because we want beach AND proximity to airport (LIR).We go each August to visit her family. 

I am still pretty new to the area but I am ready to jump in and start investing in multi-families in the Albany and surrounding areas.