Additionally, a security deposit holds the place for 30 days max. 

Again, the tips you provided for evaluating agents was concrete, actionable advice.

Some people see it as a way to get into a multifamily house at a lower downpayment and interest rate, while still providing themselves a place to live.I think the only way it would be "wrong" is if it puts you in a situation you can't afford or makes you "house poor".My husband and I rent out 4 of the bedrooms in our house plus a bonus room, meaning we have 6 roommates, but our entire mortgage is covered.

What other investment can provide  8-10-12% return?

A 5 plex vs 13 plex can have considerable financing considerations.. a strategic mortgage partner will be critical to answering some upfront questions to provide a property search framework. 

Partnering with Glenn Klingensmith provided valuable local insights, making this an attractive and strategic investment.

I agree with Mike and in addition would add a lease provision which details your minimum irrigation standards for the lawn. 

I received $80 more per month and an additional $370 on the two months out of the year there are 5 weeks. 

Additionally, Memphis boasts a strong rental market driven by a large population of renters, including students, young professionals, and families.

Hopefully your insurance policy also compensates you for loss of use - where it continues to provide you your rental income.