New construction in the area is geared mostly towards multi family units.

The thought of living in one side of a multi-family and renting out the other side seems appealing, yet somewhat daunting.  

My wife is on board, just doesn't want to live in a multi unit, which I don't believe is the only option.

My long term goal is buy and hold on small to medium sized multi family properties that generate a minimum of $500 a month in cash flow.

sounds like a pain in the *** for an investment vehicle. also raises the question to me of " Where the heck is this property located that its eligible?"

Want to buy some cash flowing multi-family in US or in Ontario?

Take out the equity when the seasoning period has ended with whatever financing vehicle you choose(refi, heloc, etc.).

I’m a newbie interested in small multi family, single family and condos.

Decide which kind of investor you want to be (SFR, Commercial, Land, Tax Liens, Passive, HML, Multi-Family, Notes, Fix & Flip, Buy & Hold, “Subject To”, apartments, duplexes, assisted living, REOs, Foreclosures, Short Sales), etc.

We are currently looking at small multi-family, single family, and townhouses in Anchorage Alaska.