I did get myself prequalified and the loan officer told me that I can only buy SFH and I need to stay there for min. 1 year before I can make it an investment property (this option is available for me if I decided to pay DP less than 20%).I am mostly interested in multi-family properties because I can either live in one unit and rent the other or rent both units out for cash flow purposes.

I am a real estate agent, getting back into it after 4-5 years off. Working in West Los Angeles.Im pursuing expired listings by calling owners, using a very soft approach, well as you know they are sick of getting hun...

There are so many systems to take care of this.

What’s the fastest way to get up and running with ~$10k cash for multi family property?

Just find a system that works for you. 

Here's the question: Is it a red flag if you find a city that has many multi-family listings that seem profitable, but has A LOT of listings city wide?

Investment Info:Large multi-family (5+ units) commercial investment investment.

how do I determine which market to begin my real estate investing strategy - seeking small multi family units with positive cash flow of $100/unit of more

If you lived in the multi you could get a HELOC....

I am a contractor in Atlanta and a $15/sqft rehab is basically interior paint, paint cabinets, countertop, new tile, new fixtures, flooring, etc but you have no room for any system upgrades or any problems to arise (rotted floors, faulty wiring, etc)