Single homes, duplexes and multi-family property is what I'm looking for. 

My goals would be to increase monthly cash flow and have more access to the property's equity for things like Cap Ex, etc....Here's a blurb from a lender's website:"By combining banking functionality with home financing into one dynamic instrument, borrowers are able to save tens of thousands of dollars and years off their loan""Designed after popular programs around the world, the All In One First Lien HELOC is the nation’s first transactional offset type-mortgage program.Home financing and banking combined:Deposits lower your loan’s principalFunds remain available for expensesInterest is calculated on the average daily balanceThis lowers the monthly interest paymentsTens of thousands of dollars can be saved over the life of the loanMortgage freedom can be achieved in half the time or less

Involve the agent you choose to list the property.7) Get the work done.

Since a it's multi-unit, I'd probably only furnishing one unit and LTR the other(s) like others are saying.

. -- but, which one would you choose and why?

Investment Info:Small multi-family (2-4 units) buy & hold investment in Webster.

So to sum it up identify the type of investor you would want to work with and depending on who you choose to work with there needs will differ.

We can teach them how to live in a house the right way and help them with the bumpy road of turning into a functioning member of society. 😆  That's right Dave, lots of good life lessons for everybody!

When you find out the present zoning of the property, the future land use and the local agencies comprehensive plan for how they see the area being developed (all can be done at the local planning office) you will have a much better idea of what you have just bought.If the land could in any way be developed into something more than single family residential lots, i.e. if there is any multi-family or commercial component than I would advise you to hire someone qualified to help you with the site planning of the development.

I have no need for the rent collection or tenant screening as this is a function my property manager does for me.