I'll log on frequently for learning and reporting purposes.

If your property requires frequent service or repair calls, then having a property management company is essential unless you already know how to self manage remotely. 

I just think you need to present what you do in a little clearer light than what you have been talking about.. owner finance has a great need in the community.. but your investors need to know the facts. and the facts are owner finance deals go south and they go south pretty frequently so you need to know how to deal with them.And the owners of the houses are not tenants they are owners with owners rights. and the owners have the right to bankruptcy protection..

It's obviously much more frequent at lower price points, but there could be much larger spreads on a property of that caliber, so don't count it out.

Those that seek high return frequently utilize the direct investment approach, buying real estate and managing it themselves or managing a property manager. 

Some things I forgot to mention: tenants in fourplex units tend to be more transient (they move more frequently) than tenants in SFRs, so you'll have more frequent turn over. 

My typical purchase in this space is purchase under $30K (frequently less that $20K), rehab less than $5K with market tenants paying $900-1,200K per month.Of course, I can always get private money to help me with the purchase and stabilization, but if I want to hold them I need a less expensive rate and longer term.Is there a way to refinance or purchase these with borrowed money?

We do this frequently, as well.If you see this as a growing business, there are many threads here about how to get into private lending, long term, if you do a search.

After I make my first move here in Edmonton I'm definitely going start jacking up those frequent flyer miles!

Banks frequently add their own more restrictive guidelines on top of what FHA requires.