Annual tax savings on my SFR are roughly $7K.

If you plan to hold the home til retirement get one now maybe that cash flows.

@Demetrius Edwards, save your money.

MF1 is priced at 1m and MF2 is priced also at 1m, except MF1 is a slightly better looking house.Buyer 1 figures that he can afford MF1 without going over 30% of his income as to use the remaining 70% for savings in case something goes wrong.

Take that inspection and use it for my own and save myself 700 dollars. 2.

As stated,  I had a great experience with a retiring landlord.  

With a larger amount of mods you may realize some economies of scale where you will see a cost savings.

My end goal is to create enough passive income to retire within the next 5 to 10 years.

The pros I have found a few deals being able to access the MLS and I have saved cost on representing myself on purchase/sales.

My plan is to acquire a portfolio of buy and hold properties sufficient to support my husband and me in our retirement (~20 yrs from now), as well as to create a legacy for our children.