I am in multifamily and the 3BR rents have a large delta between 2BR rents, so this was my ideal first investment.

They can also submit maintenance requests through the app and include a short video and description, which you can the forward to the appropriate service provider to start the coordination to get the issue resolved. 

I will look into the projections but I think the cash-on-cash return will be the best idea when trying to find which of the properties will be ideal profit wise.

I'd hire a competent carpentry crew and stay in close communication with them, have them video call you daily if possible, maybe even travel to KCMO to supervise.

I advise you to take this time to make sure you get a updated rental agreement/lease between you and him, after you do the repairs; take a long, slow video and lots of photos of his unit (& the whole building- especially rental & public areas) LABEL & SAVE the evidence in a safe place (or two!)

Some recurring advice I've seen in the "Intro to REI" videos and in the forums is to be conservative when estimating expenses, and I'm finding that makes it difficult to make any property cash flow, especially if I'm living in one of the units.For example, this fourplex: https://www.zillow.com/homedet... is only 250k (which is so much lower than most other fourplexes I've seen that it seems like there might be some additional due diligence required).

Check out this video for some useful tips and tricks to make sure you buy a great asset. 

Even if the extension terms are not ideal, at least it gives you an option to buy time if needed.As others said, I don't think you will need 6 months after the tenant is placed, just 6 months from acquisition.

Ideally, they would find new tenants and do some light renovations before renting it back out.

Other articles and videos on the subject of house hacking will provide much more insight then me trying to outlay every detail.