When I first started out, I invested with a family I knew well.

Multi family on the very low end will start around 400 for a big project.  

I went to the University of Cincinnati, and even after college I lived in a few different multi-family's.

I was gifted a lot in Palm Coast and want to build a single family  rental home. 

Your agent should have advised a due diligence period to review info on leases, security deposits, rent history, etc., and that one unit would be vacant by closing if using an owner occupant loan.

Start with friends and family.

Here is a list of my suggestions:1) 1031 exchange your current condo & buy one or two small multi family (2-4 units) properties that have a better cash flow.

Investment Info:Single-family residence fix & flip investment.

My current property managers, while they do not tend to work this way have said they would be open to it if our family desired to move forward this way.

I'll be in miami in a week I've been looking at a lot of our new builds single family, multi family, and land entitlement deals.