For the ones that do have a problem, I don't rent to them and typically it's because they had a hiccup with their credit and pay for everything in cash.

Find a management company that manages there own properties along side yours. they're going to naturally have a higher standard for systems and procedures then a manager that doesn't actually own any properties.

I am looking forward to meeting other professionals on the same journey who can guide me, or learn alongside me!

However, very, very few put you in practical, "think apprenticeship type" opportunities to learn alongside experts doing large, syndication deals enabling you to rapidly grow your experiences , knowledge and credibility in a safer environment (less bruises and broken bones) without damaging your pocket book and reputation doing bad deals in less than stellar markets. 

So again, if you're trying to borrow in a "hiccup" period for the property you'll face more challenges.And of course the time you will need money the most is in the 3 scenarios above. 

That's the only hiccup I see in executing the Nomad Strategy as you wish to do it, with duplexes. 

I am not a big player as an REI so this is great for my down time ;p and a great tool to learn even more, working along side other investors.You have also enlightment me on all the different ways you invest in real estate with all your sharing.and mostly, I want to thank you for the instant networking. wow, that was what I was doing wrong, when I was a starving agent in my past life.I thank you from the bottom of my heart. great community!

Breaking into multifamily is not easy, but you can cut the learning curve significantly by spending time alongside someone who has successfully purchased and operated MF properties.Spend time networking with brokers so you can get their list, and actually find deals.And if you're serious I highly recommend @Joe Fairless' book The Best Ever Apartment Syndication Book.

This is really great to be able to summarize quickly and effectively the financial hiccups I may encounter.Thanks so much again, I really appreciate the advice!

So if someone is distressed (distressed or not, cash is preferred) and they need to close with very few hiccups, they want cash.