If your expenses are say $50k per year, you’d have a run rate of 4 years if you leverage it at 70-75%. 

There are so many ins and outs when buying distressed homes it's definitely something you'll want to be able to lay your hands on, at the beginning at least.Buying turnkeys is a great option as well, there are some larger companies who offer lower interest rate options while operating in more affordable states that are landlord friendly.

@Keonhee ChoThe Austin area presents challenges in finding properties that cash flow, especially with BRRRR, due to high property prices and rising rehab costs.

Basically types of deals where you will pay the money back quickly, but I have heard of some folks getting financing for longer term with lower rates. 

You get the best of everything- cheap, tax free access to your equity, you get to keep your interest rate and you get the cash flow. 

There are some other dynamics that also will likely play a factor in making the situation great for investors...such as runup in home prices and interest rates probably created a permanent renter class of society. 

There are many differences between SH and market rate MF. 

To start real estate investing, learn deal analysis, and understand key metrics like cash flow, cash-on-cash return, cap rate, and gross rent multiplier.

AirDNA ran an analysis and Washer/Dryer units rented out at a higher daily rate and occupancy than those without. 

Also ask for the rental rate analysis they should have.