I have been investing in Columbus since 2017, and I have a diverse portfolio that includes residential, warehouse, retail, and office rentals.

A FHA 203k Loan is where the purchase price and rehab costs are rolled into a single loan.Assuming you have a respectable FICO you can buy, with a FHA Loan (3-5% down, a 30 year amortization schedule, and a residential loan rate) AND because you closed personally, you will not have Asset Protection, in the form of closing in the name of a LLC/ LLC taxed as an S Corp, or an S Corp.

Some towns require a residential parking permit (sometimes on specific streets only within that same town) - you need to know what those requirements are and how feasible it will be.

Or owning a good size residential Brokerage bizz..

The bill requires that cities allow up to 10% of the commercial properties (strip malls for example) to be repurposed as multi family residential.

Residential developers in Wichita pass the cost of the neighborhood utilities (sewers, streets etc..) onto the buyer.

One thing that's worked really well for me is looking through county deed records of the addresses that the LLC's are being housed under.I'd say 50% of the time the LLC address leads to a residential property, that I can then skip trace. 

Residential RE is not passive even with the use of a pm. $50/month does not justify the effort/risk.The 50% rule is way too aggressive at this rent point.  

Quote from @Justin Williams: Currently in Baltimore City, per Section 9-701 of the Zoning Code, a conversion from single-family to multi-family (two or more units) in a residential zoning district is only permitted in the R-7 through R-10 zoning districts.

Deposits from the tenant.Security deposits from the tenant in residential dwelling units shall be deposited in a trust account with a licensed and federally insured depository institution lawfully doing business in this State or the landlord may, at his option, furnish a bond from an insurance company licensed to do business in North Carolina.