Hello @Greg Lindor there are many favorable opportunity zones in Miami/Broward particularly in the Little Haiti area look very attractive to me as a multifamily investment were there is already a big amount of investment going on.

While in most scenarios, it is the least favorable option, in some scenarios it is advantageous.

im a bay area native. i actually reside in san jose. and i woud not invest in the bay area unless you come across a deal that make scene as far as a return goes. rent control, majority of the laws are in the tenants favor in California. it can literally take 6-8 month to evict a tenants  ( if they know the law). not to mention high property taxes.

I always look for an extra "carrot" for each deal, such as a large lot, favorable zoning, potential to add SF, extra rentable living space.

You can learn from local REIA meet ups; where you meet people in motion locally.Wholesaling is a good way to get initial income. 

If you allow for that, then you won't have anything to hold when the Tenant leaves the place dirty and damaged.Now, if he doesn't have it, he doesn't have it, and you may be going through the motions for nothing. 

The terms are favorable to you and the cash can be used for anything, so those might be worth exploring.

Alternatively, you should be able to do a cash-out refi with a portfolio lender at a higher %LTV with less favorable terms no matter how long/short you've owned the property if it is stabilized.

Commercial loans for usually 5+ unit buildings still have certain net worth and liquidity requirements, but it doesn't necessarily matter nearly as much if you have 1 loan or 1000 loans (extreme number), because the financials of the building support the loan amounts way more than residential.However, I definitely do think there are tons of arguments in favor of going with SFH, I'm just a bit biased.

Fighting over a deposit return is often not worth the time in Montana as the laws are written solidly in favor of the tenants.