Is that an optimal strategy?

I'm also considering SFH but those are extremely difficult to find turnkey and a good price for the math above for optimal net profit.

@Jacob Breazile when you live in an expensive real estate market cash flow is very rarely going to be optimal in our current phase of the market, so you're left with a couple of options.1. take the lower cash flow.2. invest in a different market. 

Discuss your portfolio and come up with a strategy with an attorney *who has real estate investing experience*    -  Sure other attorneys can help, but they often don't know the niche ways to optimize these entities.

I work in Multi-Unit Retail Management and am passionate about personnel development and process optimization. 

Omeed you need to talk with your family tax attorney and estate planner for how you would optimally structure this.No legal advice given.

I'll let my agent know that the 4 family is my optimal choice. 

heynot sure if this is the correct sub-forum but i'l give it a go. planning on buying a property, long term rental, all cash. now, say i have around 500$ coming in to my account every month (this is in theory, after all expenses are paid and taking into account vacancy, small repairs, capex etc'). current plan is buy a property every once a while (at least every 2 years, could be less once mortgages will be an option for me, non us citizen starting to invest here. talking about properties in the range of 60-80k). letting the money sit in the account until i buy my next property does not seem optimal to me, but on the other hand investing it in the stock market or something like that does not sound good either because i will need that money in a short period. perhaps i'm overthinking it but i'm trying to see i'm leaving any money on the floor so to speak :)what do people around here do? 

So that was the end of that.I'd love to meet someone who understands how to best structure setting up the investments and management side (LLC, etc.) and how to optimize for taxes, etc.Thanks so muchRussell

In fact, you should be looking "off market" (not listed properties) and buying the property using "Subject To" or a Wrap to optimize your investing.