I am based in Australia and an Australian citizen looking to start investing in Duplex to  4plex-style residential.

Right now, newer vintages, larger mix of 2 beds, washer dryer hookups, townhome style, median income in excess of 50,000.

Most of our sites are a little bit larger - 50 unit to 300 unit apartment-style or townhome-style developments. 

I have a great property in PHX that we have listed for sale, but I would be interested in running an RAL out of my house (already furnished, 5 bed 3 bath, single story ranch style home with two master bedrooms and a pool). 

We live in the front half and airbnb the private entrance 1 bedroom, 1 bath, living room (hotel suite style) back half that is separated by a door that we deadbolt.

I love your don't take crap style of how you manage your properties. 

With its inviting curb appeal and well-maintained landscaping, 17 Penny Lane stands as a testament to both style and practicality.Upon entering, you are greeted by a warm and welcoming atmosphere that flows seamlessly throughout the property.

You might be able to erect a shed style place for that, but that's minus insulation, electric, plumbing, finishes, furnishing etc etc etc.. $3k is fantasy land. 

The other option is old school punch each debt in the face Dave Ramsey style. 

And the structure cannot be an older style with under-sized studs, beams, headers, etc.