Have you considered turn-key/LTR? 

Spend a little more money than you might have been planning to, buy in a better area (i.e. not a “turn key” 100k house off the mls), and self manage.

- What are the key items to consider from a code/zoning stanpoint when researching various towns- Any unique items to consider about financing a small multifamily? 

Are you OK with some rehab or do you want something that is turn-key?

On the other hand, if you're aiming for long-term rental properties, getting prequalified with a lender specializing in traditional loans or DSCR (Debt Service Coverage Ratio) loans is key.

It’s an interesting approach, but ensuring a strong screening process and a legally solid agreement is key.

They’re ideal for those building portfolios, as they don’t require extensive personal financial documentation.A key tip is to ensure the property’s cash flow comfortably exceeds the lender’s DSCR requirement (typically 1.25x or higher).

Whether you’re targeting strong cash flow or long-term appreciation, understanding the dynamics of each neighborhood is key.

So when you hire that able handyman and give him keys to all of the apartments and the security codes without learning that he is 90 days out of prison for breaking and entering and committing assault and kidnapping your umbrella coverage may not help.And, these days, a million dollars of coverage will deal with the contents of a small truck that you sideswipe and it bounces around a little with the electronics inside.

@Emeka OkekeIt's great to see your commitment to learning and networking—those are key to success in real estate.