I am an attorney in New York City (non-real estate) looking to purchase single or small multi-family homes in Utah or Maryland (family and contacts in both areas) for long-term rentals.

-Once you know what you can afford, look on zillow and find how much multi-families are in your area.  

This is value add opportunity- rents had previously been under market value (450/month) and since acquiring the property and renovating it, the management team recently raised the rents to match market value in the area (525/month) The property is projected to generate over 25k of monthly income, a cash flow of almost 11k a month, and the annual cash on cash ROIis projected to be nearly 32% This would be my first large multi-unit apartment deal and I’m looking to either obtain a commercial loan for the property or (ideally) find private/hard money lender that would might also (eventually) serve as a partner/mentor/associate/eventual first to a smart, hardworking, and ambitious young real estate investor.

Some will still become problems, but that happens with all property classes, to some degree.

they NEVER call them selves wholesalers  .. wholesalers are un licensed middle men with varying degrees of knowledge from no knowledge what so ever to large vertically integrated companies with large marketing dollars buyers agents etc. 

Home Depot price match warrantyHome Depot will also match a competitor's advertised prices by 10% if you find a lower price.

@Logan FastFreddie Mac is the entity who offers the 5% down option on a multi-unit owner occupied property through their Home Possible product.

My next steps are looking like multi-families.

I'm looking at doing a house hack for the first property, using my VA loan to buy a 2-4 unit multi family while living in one unit for a year.

My wife has a hair salon and has a digital sign that we advertise on.