I'm attending Brad's R2R seminar here in Dallas next month and I'm strongly considering getting in to the MF arena.

Stand strong next to your man, and DON’T GIVE UP!

Unless less you are a system-building guru and strong networker, if that's that case out of state investing should be more up your alley.

It seems, obviously, that the method is strongly focused on the refinancing of the property post rehab.  

The influx of tech jobs, manufacturing, mining, and Californians there is a strong population and combined with limited to no multifamily new construction we expect a severe housing shortage.

It has a strong potential for cash flow.

If rates come down at all I predict we’ll be back in a strong sellers market (competitive offers, steep appreciation etc) because inventory is still low. 

The Port Charlotte duplex...given it hasn’t suffered hurricane damage...could command a pretty penny on its own.I recall reading a piece in Forbes that suggests certain Florida markets could remain strong for years, which might help you gauge whether now is the right time to sell.

I strongly encourage finding a fairly priced, knowledgable accountant you can trust. 

Most of the easy "lipstick on a pig" transformations are gone - you're often looking at more serious rehabs to make the numbers work.That said, we do have some advantages: strong rental market (lots of students, young professionals), still relatively affordable deals, and good appreciation potential in many neighborhoods.