Each area has it's own personality, so finding the one that fits your style and budget is going to benefit you in the long run.

From my perspective finding someone with a "style/approach" that you can resonate with is important because what worked for them may or may not work for you if your style/approach is different.

If you have enough of the right kind of capital [long term oriented and willing to ride out the ups and downs of a bad quarter or year] then you can't help but make money since home prices generally go up and to the right.The first iteration of innovation is often clunky and worse than the status quo.

However, typically these brokers are very numbers oriented, so make sure you have your finances in order before speaking with them.

Legally operating a business out of the property is one non-traditional style of house hacking to consider.

Cash flow is key to keeping developments a float and it sounds like you have that covered....assuming that your life style doesnt take up all your cash flow of course. 

Once approved you get your letter of approval and can either find a HUD style home or a home that needs specific repairs. 

A mix of 70s and 80s styles. 

The style home ime looking for is pretty rare in the Poconos but there are a few and they do very well, that's why ime considering building. 

By multi-family, I'm referring more to duplexes, triplexes and fourplexes, as opposed to larger apartment-style propertiesMy 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?