@Zach Kuhl,aside from talking to an agent and investor if you have not, great books to read are:• Rich Dad, Poor Dad• The Millionaire Next Door• Cash Flow Quadrant • Tax Free Wealth• Set For Life• Rental Property Investing• The Millionaire Real Estate Investor• The REAL Book of Real Estate• So Good They Can’t Ignore YouYou are more than welcome to reach out if you have any questions.

Can even focus on particular shooting areas just like a traditional set.

You would have to talk to someone who's extremely familiar with this approach and find towns with favorable laws before starting.Other than that, I live and invest in New Haven county and host a monthly meet-up in New Haven for investors.I would be happy to talk & help anyway I can, I'm a licensed contractor & realtor, currently helping a couple other investors find properties in New Haven for traditional buy & hold investingBest,Ryan

Our goal is to rent your vacant property as efficiently as possible, which requires us to balance how long a property is vacant, rent amount and tenant quality.Screening ApplicantsPoor screening often results in lost rents, legal & court costs and costly damages.Screening of applicants includes the following:Full credit/eviction/criminal checks are done, instead of score-driven reportsVerification of rental history includes validation of actual property owner to avoid fraudVerification of stability of income & employment via YTD paystubs & W-2(s) (analyzed to confirm not fakes)Income is calculated 3 ways to spot stability anomalies: pay period, YTD average and YTD + W-2 average.Debt-to-income analysis (more accurate than traditional 3x rent requirement)Bank statement to see if NSF issues, if deposits support income, prove MoveIn Funds, also analyzed for unusual transactions.Pet screeningHolding Fee required from approved applicants to make sure they are serious, before your property is marked pending.

Multi family attracts me because of the potential it offers to increase one's cashflow and net-worth tremendously in a relatively short amount of time compared to traditional means - at least this is impression I'm getting from numerous media/social media sources.

Don't forget that tenants already have resentment toward their landlords due to the bad ways a high percent of landlords treat their tenants with total disrespect and hatred for tenants and tenants already have a built-in belief that landlords are getting rich from the high rents they collect with an unpleasant demand every month with little regards for the condition of rental units and deferred maintenance. 

At the end of the day most traditional agents want to get a sale regardless of the deal. 

Did anyone else listen to, or watch, Grant Cardone on Rich Dad Radio?  

A few things to keep in mind,     1) Each state, city, county can be very different from each other with regard to RAL requirements.     2) I personally have never seen a traditional single family home renovated to the extent to accommodate 16 residents, but of course it is possible.

Cash flow in the first couple of years tends to be tricky in many parts of Austin with the traditional 20% down for a SFH, but it's definitely not impossible.Specifically to those areas you listed: poised for great growth in the coming years.