I personally tried turnkey and it’s not for me or my style of investing.

By multi-family, I'm referring more to duplexes, triplexes and fourplexes, as opposed to larger apartment-style properties.My understanding is that 8-12% cash on cash is considered standard or good, but is this more for SF or MF, or does it include both?

This has allowed us to turn a transient life style into a positive thing for real estate investing.

It depends on your management style and what things you are managing for.

You can see an idea of what she means here -> http://www.remodelista.com/files/styles/733_0s/pub...Am I crazy or would that loft bedroom take away a decent sized chunk of demographic who would never want to sleep in that little loft ores (or climb the stairs to get to it every night).

The house and neighborhood is Victorian -- the duplex is an American Foursquare style built in 1900.

Unfortunately I stink a picking colors and spend A LOT of time on houzz.com looking a styles of home and color schemes and copy what I like :). 

Seriously, I thought I was good at foosball, till you worked me over Goat Hill Tavern style.

We thought it may be possible to build two small slab style houses and rent them out.

With our transient life style, the class/appreciation goals single family just made sense.I hope to invest in commerical, apartment and vacation rentals but I am sure something else will come up in between.