You've gotta learn what finishes will be demanded and the price it will command.  

You are right that there is more to maintain in a SFR, but they also command higher rents in many areas.

Properties are commanding a premium.  

For example, someone can own 7 high-end single family homes as fully furnished executive rentals in major metros that command an strong premium above market rents. 

we are 2 adults and kids 9 and 13. need something with 2 bedrooms.which areas on the north shore are commanded?

Using leverage you can potentially buy a place in a nicer area which may command higher rents.

The last thing that you want to do is think that you can get $1000 per month in an area that only can command $800; then there goes your profits.Above all, use the BP calculators and watch the webinars that @Brandon Turner hosts on how to find rental properties.  

Always do the math is my 11th Commandment.My wife's 11th Commandment is never pay full price for anything. 

There is also a pocket in South Sac that is zoned for the Elk Grove school district,  those homes can be had at a fair price but command a premium rent (for South Sac).  

However, there don't seem to be any multifamilies that would command the rents I would want on the MLS.