Cons is obviously liability, so you need a good rental agreement, higher electricity bill and maintenance cost.

Unfortunately that also lowers your return, so you might consider staggering the lower payments and rate (say 6%, then 7%, then back to 8%) over a couple of years. 

I currently work with investors who are looking to invest SFH/LTR that are turn-key ready and manage for them on the back end, so I see a lot of benefits in that market across the board. 

If so, I'm actually insuring two rental properties with them.

And would they be willing to do financing for you so you don't have to pay cash up front? 

The problem you're going to run into is Fannie/Freddie doesn't allow second home loans on anything but a single family residence (yes can be condo, townhouse, etc. just not 2-4 unit) so you're automatically thrown into the investment loan world.

I have deals of all kinds, right now on my last three deals for some weird reason one come from wholesaler, the second from MLS and the third knocking a door.Having a partner in looking for deals is critical so you can brainstorm and make sure that is indeed a good deal.

So far, so good.

So, if you start with a duplex, your next purchase could be a triplex or fourplex.

Leo  judicial states so they go through the court system, that is where you should check