Hey BP,I'm new to the game trying to get my first rental property in the Mesa/Gilbert/Chandler AZ area. I'm looking at small multi-family for house hacking but have the following issues with risk and financing.1. conv...

They have high turnover and involve more work and wear and tear.IMO I think the best entry-level rental strategize in Ontario is buying a single-family home and adding a legal 2nd suite to the basement.

I have seen some pretty robust ones over the years.. some come in bound books like you get at the photo store.  

QBO is a lot more comprehensive, customizable, and robust than Stessa (just my opinion) if you know how to set it up and maintain it properly.  

All you'd have to do to build a comfortable income is buy one duplex every year for five years that repeated the soundness of the one you're considering now and you'd have a monthly cash flow of $6,000 with a robust savings for repair and maintenance.You'd also have somewhere in the neighborhood of a half-million-dollar net worth, and all this without considering other sources of income like a W-2 or working spouse.

Yes, woman and out of state makes it a little more strategic to get to the right answer. 

It won't be as robust as proper but you likely won't care or notice.

This is a company who has a robust customer service team for sales (they always pick up first ring but can't help) but for helping actual customers they have a ghost staff apparently.

He focuses on real estate investing in strategic areas of Texas with few exceptions.

Would also say that without capital and experience, it would be hard to get a good deal under contract.Start making contacts with investors, lenders, etc at local REIA and other forums.Last but not least, I would also encourage you to make sure your underwriting is robust and supports the correct assumptions (vacancy, leasing staff, maintenance staff, etc).