Since you lack a local network, condos or townhouses with homeowner associations might be beneficial for easier management.

@Lisa Marie without getting into the nuances, accelerated depreciation is extremely beneficial for many, but not all.

Typically as someone gets older their tolerance for BS is far less.If I could sell an asset even for less $ and invest it passively at a lower risk than seller finance it to an overleveraged borrower with poor credit there is really no choice to be made in my mind. 

Building rapport and trust with potential sellers can lead to mutually beneficial transactions.

10 unit multifamily is considered a small commercial loan, which limits your choices. 

Howdy @Todd Powell@Dave Foster  @Richard ShermanThis is where structuring your entities in a Series LLC (Parent, Child, Child), as Richard did, as apposed to individual LLC becomes beneficial. 

Examine several funding choices, including partnerships, hard money loans, private loans, and traditional mortgages.6.

Use them if you simple have no other choice, none. 

Didn't have a choice but to go Hard Money on this deal because the only Private Money Lender I have found didn't want to do a deal out of the state of Florida (property is back in Arkansas).So far the numbers are looking pretty good and I hope everything goes well with it.

The question is just how beneficial it'll be based on the property and your specific circumstances.