@Dolly MarketakisDepending on state laws, if the SFH is going to be your own residence for a period of time, having it in an LLC may prevent you from enjoying full tax advantages of a home in your name, and sometimes, better protections.See: LLC vs Home exemptionsIn fact, I bought a business from someone in an S Corp., owner was sued for $3 million, and the S Corp only had insurance for $1 million.

Quite a few don't bother to read the ad and some won't meet the screening criteria.I know you want to be fair and that's is fine, but people will take advantage of you (I've learned that over the years and now I'm fair, but firm). 

If you want cash flow, seller financing is great, as long as you remember you're giving up the tax advantages (interest taxed as ordinary income) and any appreciation. 

So far in my research, I have determined that house hacking a MFH is probably the route that I want to go so that I can take advantage of a FHA 3.5% loan.To get to my point, I would recommend researching multiple options to see which one seems most appealing to you at this time.

I currently manage about 115 SEC 8 tenants and love the program, but you do need to learn the HUD rules so you can use them to your advantage.  

So many people want to be "nice" as landlord (eg letting tenants out of contracts) and end up wondering why they didn't make much money as a landlord and got taken advantage of by tenants.

With interest rates so low, I see no advantage to paying cash.

Take advantage of networking while sharing your story with all of us.

Other investors already taking advantage of the system.

This will likely offer you the most advantageous interest rate and provide you the ability to cash-flow on the property.