It's not impossible to buy a multi, but once we look at the numbers, clients always go for a single family.

When you can no longer terminate a tenants lease, evictions become almost impossible  and you have controls placed on raising rent with a tenant turnover that is when everyone begins to suffer.

@Kyle Seidel Going to be next to impossible to predict income on a property that is a year out from being complete.

It takes a lot of time and effort to do this but if you're dedicated and willing to put in the time and work, then it's not impossible  :)

I know it is theoretically possible to get anything to cash flow if the numbers are right, but the premise of David's book is that there are places where it is nearly impossible (like where I live in California) and places that are much, much more favorable (where the 1% rule is common and price-to-rent ratios support buy-and-hold). 

We had a nearly impossible time trying to evict. 

This is going to take most of my capital which will make acquiring my next deal difficult (not impossible).

Since neither your post nor your profile indicates where you are physically located, it would be nearly impossible for anyone to offer you helpful advice.As a new member, there are several things you can do to increase the likelihood of getting helpful responses here on the forum.

If that's improbable or impossible, another route is to try to have a title company or an attorney get a payoff for you. 

Easier to just treat as a consumer loan from the start.CFD and L/O are executory contracts, and the state compliance issues are nearly impossible to comply with in a consumer transactions.