@Chris SeveneyThe long-shot play I became aware of; Capital Improvement Project Funding that the city/county have allocated for projects that meet 2 criteria.Have a lifetime greater than 10 yearsCost more than $50,000I believe, even if the water and refuse collection run is only 1000 ft, that may not qualify but to do it "right", that two mile run would allow the entire subdivision to be supplied with services.

There are a lot of other nuance, but thats the gist.I would recommend you find an agent that works with investors and can help you through these issues.In terms of meetups, my brokerage (Wayfinder Homes) hosts one every month in WS - Triad Real Estate Entrepreneurs Meetup.

Also after searching more about them they bought over 10 more locations ( business only no RE) however they aren’t changing the name. 

Would it make more sense to focus on SFH because there are more of those potential deals  in my area or be patient and wait on a multi family that fits my criteria when available?

Get a good General Contractor, write a proper contract with proper payment milestone schedule.If you don't think you can come up with the money to finish it get out from under it and talk to your HML ASAP like @Jay Hinrichs mentioned.Happy to connect and talk through the situation more if that would help!

For you, it makes sense, so I would focus on getting people like you - home business that could use a smaller space to make it more open to the public.

Some of my recent posts on title searches have sparked a lot of interest, so I decided to put together a simple guide to help those of you looking to conduct your title searches.

FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% You are looking at S8 because you naively think it will solve all your tenant problems.NOT TRUE!

Good to know about bigger buildings and more amenities having more rules, that makes total sense to protect the full time residents.

I started my journey about 3 years ago and you definitely learn a LOT in the process!