To have such a large IRR with low Coc I figure you probably have a strong gain at disposition?

The agent can help you see properties, as well as refer you to some dependable lenders who can get you preapproved (which is a major piece in submitting strong offers).  

Strong buyer demand is keeping homebuilders confident, but rising costs of construction materials are weighing on housing affordability.

The low-rate environment is also a boon to those looking to buy a home at a time when home prices are being pressured higher by strong demand and a lack of supply in the market.

@Corey Frank They say that I need to have strong reasons to move to a multifamily after owning a SFH (i.e. moving closer to work, bigger home, better school district, etc).I always thought that you could buy a new property after 12 months regardless of property type. 

Lease rates have skyrocketed this year as there is very strong demand  - obviously no guarantee if rates will stay high but some people are making money right now.  

You're eligible for the exclusion if you have owned and used your home as your main home for a period aggregating at least two years out of the five years prior to its date of sale.

You need to have a strong contract spelling out that you are not responsible for damage to those items.  

They’re quoting me a good rate but the term is only three years, or up to five years if the deal is strong enough, with amortization at 20.

If you have a strong credit/work history I'd recommend conventional as you'll have more options on houses, and I know those loans are being looked upon more favorably right now.