I found your very valuable to me as I in the in the process of buying my first rental property in Saginaw as an OOS invester from CA. 

Should the process be the same?

I'm currently in the process of building 2 new SFH in the Houston suburbs.

But I don't think roommate income is a thing, and existing roommate income definitely isn't a thing if it's an apartment you're renting.I recommend you find a local mortgage broker who does conventional loans, give him/her a call, and ask to have a conversation about your borrowing limit *before* going through the pre-approval process.

My payment processing fees are pretty much going to equal the 3% airbnb fee.

its even worse in Chicago or in IL as there closing process is so difficult.. they do not have title and escrow in the same place you need and attorney to do this then you need title company to open title and well it aint the west cost were you can get these closed in 48 to 72 hours if you have a great relationship with your Escrow company that is also the title company..

Skillset Development: Given the potential savings, investing an hour to learn the process is justified.

While a property may have had a Section 8 tenant residing in it at one time, the process starts all over with every new tenant.Screening a prospective Section 8 tenant should be handled exactly the same as when you screen a non-Section 8 tenant. 

Obviously, this can impact your overall cash flow. 6) it’s important to find an agent that knows the area well and understands how to work with an investor, as the process is very different than buying a primary residence. these are all things to consider, and there is going to be a learning curve associated with the process.

Does anybody know of any resources that review the strategy and process of converting a single family home in a neighborhood zoned for multi family to a multifamily home?