I would buy close to the ferry, and only pick a building that is cash flowing at least enough to cover expenses.Oh, and I might have found a 'deal" in San Francisco, but it's a single-family home which would require me to Airbnb out two rooms continually to help with mortgage.

This is specific to single family homes, so you could definitely lower these amounts, especially CapEx, for a condo where most of the major expenses will be covered by your HOA.  

@Giovanni Luna Who would I talk to to get permits, license plus A&E?

I think 10% of a single family that is rented for $1200 vs. a quad that rents for gross ~$4500 makes dealing with it worth it.

Hi Brian MorrisI have 4 single family homes in Huntsville/Madison area.

Looking this up, I found that this zoning is indicative of single family dwelling.

I was told single person LLC is most popular and you could include your spouse. 

Here's one of 50+ that I received across the inter-webs from a single tenant.

The single family home was purchased at close to retail value and would say ARV is around $300k-$325k with $10k-$15k invested into the rehabWould a HELOC be a smart option for me to use from my primary residence?

I bought my (first) house in 2016, a 4/3 single family residence in Indian Harbour Beach.