Plus you get a much larger tenant pool this way. 

In roughly two years, I'm looking to buy larger home, perhaps a bit more towards central jersey, and instead of selling my condo, I'd like to rent it out(my first rental!).

What's a light task for you that would be appreciated by your loyal tenant? 

You should also consider administration and the amount of time you’re willing to spend.The larger lending lawyers want to talk everyone into mortgage funds or REITS.

If it's larger or complex, get a GC to manage the process as it's on them to make sure people show up to work. 

It is assumed by the state that any rental larger than a 1 bedroom will fall into this category at some point because of the anti-discrimination laws that prevent landlords from refusing a family because they have a child.

I got to thinking that this could potentially be a decent way for someone like myself with limited funding to build more savings to invest into larger projects and really get the ball rolling.

I know a HELOC was mentioned or taking from retirement accounts but I wouldn't because a HELOC requires equity (i.e. larger down payment) and/or appreciation and it sounds like you won't have much of either to maximize growth and your cash on cash return in your cash flow market.

The ones i am finding only have larger cities.

There aren't a lot of multi-family homes in my immediate area other than larger apartment complexes.