And it often works because they are often working such long hours they are almost never home. 

We've utilized the VA loan for our current home, and this strategy has worked well so far.

There are some players that operate thousands of SF homes.

The housing crisis saw record numbers of foreclosures of single-family homes in Maricopa County in 2010.

2) If you do owner-occupied cashout refi for best rate, you technically have to live in the home for 12 months before renting it out. * Some responders here may suggest not worrying about that and renting it out anyways.

I have each of mine under a Landlord Policy, but then have an umbrella policy over my own home and the rentals; extended liability coverage.

Section 8 may seem like a home run but I've seen houses destroyed in a years time, I would steer clear. 

However, if single-family homes prove financially viable, I’m happy to continue building in that niche.Since these homes and projects are significantly cheaper than my market, the risk is relatively lower for me and can do at least two at a time.The ChallengeOne of the biggest hurdles is finding reliable contractors and subcontractors in the area.

I run Forged Home Buyers, a San Antonio wholesaling business, and my business partner is an agent with Virtus Realty. 

W2s, personal homes and K1s are usually straightforward and can be DIY-ed by most computer-savvy and financially-savvy people.