My husband and I just started investing in Multi family, our goal is to acquire 2-3 properties in the next 12 months.Meanwhile, I know there are many Chinese investors and new immigrants buying US properties as primary residence or investment .

There is a lot of work involved in acquiring a property.

However I am incredibly driven and I have the time that he lacks to acquire and manage these properties if need be.Now regardless of whether we are friends I am going to assume a contract will be the best way to go to maintain our roles and be held accountable for our part in the business.

Let me expand my question with an example: say I acquired (with cash) a 4 plex that had rents way below market for the area.

Postlets, acquired in 2011 and now owned by Zillow, (aka Zillow Rental Manager) and other rent centric sites like HotPads (also acquired by Zillow) fit in with Zillow's data focused model.

What would be the best use of $20k once I acquire the capital.

I'm aware that the possibility of acquiring a duplex is possible with a VA loan.

While the purchase of multifamilies (& multiple, simultaneous VA loans) is allowed, it's to help military families get into a home, not acquire investment properties.  

I have about 60k that I want to use to acquire another rental but not sure if N.VA is the place to do it as I don't think I can find any decent townhome for $240k which generates cash flow.My idea is to keep acquiring a few properties  in the next few years which can generate passive income flow. 

The seller and I are a very good match for eachother and have discussed a deal where I would acquire all 3 properties and seller financing would be available.