If you can swing a 4plex, that would get you up and running faster, but there are two reasons you might not want a 4plex.  

You can find a somewhat decent multi for around 60Kper unit maybe less if your willing to swing a hammer\ and rents are between 700-900 depending on location in the city and condition. 

I guess I am just a long term debt adverse guy myself.. been there done that when banks called my LOC's it was butt ugly and very painful.. retirement what retirement back to work Jay... and get on BP and network instead of golfing everyday and flying and fishing..

I can swing the 70K plus the 10-15K in repairs over the next couple years, I just won't be able to refinance ever because of the zoning.

Coastal markets tend to swing and those that have been invested in RE in the Bay Area have seen rent growth work in their favor.

Swing by the office next time you're in town and my team will take you on another tour of our great city and show you some HOT inventory!

I like to be active and play sports like golf and softball and enjoying the wonderful Colorado weather.

Tulsa Market is great for buy & hold investing. check out our next local meet up, you should swing by and meet some local BP members https://www.biggerpockets.com/forums/521/topics/48...

I completed a short sale on a property at 250k where the average home was 340k in golf course community.  

I would stick with the 25% conventional if you can swing it