What I like about multifamily is the splitting of costs.

Obviously I want to keep my costs low but still want to spring for amenities that would give me a competitive edge compared to other rentals.

One of the biggest issues is probably borrower default—whether due to mismanagement, market downturns, or unforeseen circumstances, lenders can end up in long, costly recovery processes.

I would tell people today that if you buy a primary residence expect to stay in that home for atleast five years, especially with a FHA loan which has lower down payment as the current forecasts for home appreciation or very low which with closing costs on the buy and sell, it will take several years to have equity in the property and enough to be able to sell, so that is something also to consider.

So take into consideration the holding costs of making no money for years into the process. 

My current solution of using Baselane is by far the most cost effective and easiest, but it still requires that I spend time bookkeeping.

My accountant wants me to start doing this in the event of an audit being I’m starting larger projects and will be implementing cost segregation Thanks

You'll learn a lot just from starting out like that with little to no experience at all (cosmetic renovation cost, managing current tenants, leasing out a unit).

You can also try the travelling nurses route, a lot of them are looking for low cost housing when in town. 

My 2 cents is prices are crazy inflated right now, but believe it or not I think it will continue because of continued demand pressure for the area from people fleeing higher cost of living areas and moving there, with access to 87/17.