Fix and flips/holds are in areas that people aren't looking, yet have the important properties to attract population, industries, etc. 

The cheap homes look good on paper, but cost a lot more as they often attract less desirable/more problematic tenants.

If you can attract a lot of interest, you could even price it low knowing you'll get multiple offers and be able to get them to bid it up. 

Like Robert Kiyosaki's "Rich dad" buying up parts of Waikiki beach before it became a major tourist attraction.

The city offers a strong rental market and with affordability as well as a median home price below the national average, the city stands out as an attractive option.

This makes the initial loan amount look more attractive.

Quality of tenant- in some areas multi's don't attract the same quality of tenant as there are an abundance of sfh's available for rent...in some areas it doesn't correlate at all.5.

My tax lady charges $250 for my business return each year.

I found some local people here through biggerpockets, then we also have a website and blog, I heard one lady gained several properties through social media marketing, and calling listings for rent by owner to see if they would be interested in switching to STR (hopefully I didn't just open a can of worms).

Nathan, Please BEWARE this lady is promoting a real estate investment scheme known as a syndication.