One idea I have had is the purchase of a BRRRR home with a large lot with unrestricted zoning (means you can do whatever you want on the land within some reason) and putting down 4 to 10 duplexes.

Vous pouvez trouver des propriétés beaucoup moins chères sur les deux marchés, mais elles seront situées dans des zones difficiles qui ne fonctionneront pas bien. 

And as a lawyer at a luncheon quipped, you really don't want a new nickname, that being "defendant".I would look into ALL the zoning, licensing, insurance issues, etc. for running a day care in your rental.

@Sreeni Guntupalli  Your tenant asking to use the security deposit to cover the following months rent is a huge red flag that they are working on their exit strategy and don't plan on paying any longer.

You will also want to make sure that the property is zoned properly. 

Now if you have a foreclosure or bankruptcy or something else really bad on your credit report, that would be a red flag for any lender. 

I am looking for if you were comparing these two what would make you lean one way or the other- ex. how much does the good vs not-so great school zone affect you when looking for quality tenants, vacancy rates, CapEx on a 2000 build vs 2017, etc.

Or you can even get creative and use the 203k to do a SFR > MF conversion assuming the zoning allows...I still think the bang for your buck will be in room rentals...

If seller is not allowing a FHA loan that means they think/know it would not pass a FHA appraisal... red flag for me as a buyer.

My partner just got a R3 zones lot in El Segundo but the lot is less than 4000 sqft, it has just one unit now but he wants to build 3 additional units.