Vu's comment about a preflight checklist is spot on.

Do not rely on it for legal advice.

There is a lot of helpful information online, especially on BP, but nothing beats connecting with people in your market. 

But that depends on the level of rehab, price point and so on. 

For building a buyers list, I’d recommend joining local real estate investment groups, both in person and online.

@Brian Badolato Any update on your multifamily experience?

That is not anything we have done along these lines, and have not had any major problems. 

It just depends on your expectations for what looks like a win.

You can also just buy it as an investment property with 25% down if you have the capital to put that much down on a 1-1.3 million 4plex depending on the area.

Highlight nearby conveniences and any neighborhood growth to attract interest.Focus on framing the size as a bonus that buyers get more space and value for their money compared to smaller homes.