If you figure out your price range is and what size mf property you're after, itll help dictate what areas you can look at. 

Hey,Ultimately this is going to be dictated by your market and the logistics of the conversion.

Perhaps being in California there are regulations that dictate what you must do that may be different than other states.

With your $18,000 to purchase it pretty much dictates a personal home purchase is your avenue available if going it alone.A couple of other options  come to mind.  

Don’t let them dictate the terms of your business.  

This will dictate where you purchase and look for properties based on that number alone.My point is that you always start with the end in mind and work it backwards, this creates the strategy (Buy and hold, flip, Wholesale, Notes) which will be driven by the tactic (SFR, MFR, Mobile homes, Short term rental etc) I always coach people and explain that the property is actually the last piece of the puzzle not the first.

The new year is going to dictate how quickly people will start buying but there are many business planning to create budgets for each sector of real estate for LTR or STR.

All other terms and conditions remain the same.Tenants don't get to dictate what you do with your property.

The problem with that is the bank/REO sellers always want to dictate which title company you use.

My schedule is often dictated by how well (or unwell) the plant is running.