Do you think you are going to stay within the single family space?

In every single case I have even seen, my lease is far superior to the one the seller was using. 

One of the best strategies if you are so inclined is to move from property to property every 1-2 years and you can do this with single family homes up to 4 unit multis and get low down payment loans on them of only 3.5-5% down payment owner occupied as opposed to most of the investment loans that require a 20% down payment.

Cap rates offer a valuation based on a single year's NOI, while discount rates consider the property's entire income-generating potential over a specified period.

@Lou BarPicture thousands of lenders all selling the same product with the same base guidelines. 

My wife and I are close to being under contract on a single family home with a MIL suite.

If you want to attract high-income earners who are used to a certain quality of life and can't afford to buy in those areas, then look at your available options; house-hack, partner, buy a condo/townhouse as opposed to a single-family home, start with medium-income earners, etc.

To anyone that has an LLC for flipping, can I operate as a single member LLC and still hire general/independent contractors?

I am new to RE investing and I recently purchased a single-family rental property in my personal name and not my LLC.

I have a lot of investors who crush on finished products, but you have to go up to get them.