So please realtor from west palm beach keep your comments to your self , I’m sure you make mistakes daily as well !

Key words: Olympia, Tumwater, Pierce County, Lewis County, Mason County, WA, multi-family, landlord, self manage, property management, contract, lawyer,  

YES - If this is truly a project HUD building where HUD 'guarantees' rent for all units then there are very specific / screening / reporting / inspections requirements that you must meet; tenant income thresholds, REAC inspections, etc.You can do this yourself (HUD has to approve you to self manage) but most owners elect to hire a PM who is licensed / knows the systems / paper work / HUD office contacts.

Try doing this without debt service and assuming you'll self-manage.

I currently own and self-manage 9 units. 

Etc, etc.Absorbing information, making short and long term plans/goals, self-evaluating, and studying your market will all help in determining your unique answer to this question.But, in many areas, multifamily provides the best cash-flow. 

I live in Toronto, Canada so I am not too far from Buffalo and have been able to self-manage the property so far.

I'm helping my Dad set up a self-directed IRA so he can do some real estate investing.

Sometimes, I will drop fliers off at local self employed businesses.

IRL I'm the type that's perfectly willing to say "good question, I have no idea, I don't do reverse mortgages," but some folks might not want to sound like they don't know something (esp when speaking to a real estate agent), so they just repeat the general documentation requirements for self employed people when you ask about rental income.To find a REI-friendly local lender, go to your local REIA meetup and ask them who is doing their loans.