At this time the primary goal is passive income and then scale within 5 years as I gain more experience and network. 

Is this something I should take in consideration? 

@Jonathan LudizacaFrom a lender's perspective, starting in 1-4 units gives you experience and many more lenders will be open to first time flippers in this space versus multifamily. 

I'm interested in knowing your opinions, experiences with this strategy and any advice.

Here are some warning signs I’ve come across, but I’d love to hear your experiences:1️⃣ Upfront Fees – Are application, due diligence, or "insurance" fees ever legitimate?

Any realtors out there can suggest any and explain your experience with them?

I didn't have much money, and not much experience but I used my background in finance to put together a syndication and buy an old office building and drive thru on .59 acres with the purpose of developing housing.My passion was creating housing in a city with under 2% vacancy and skyrocketing housing costs.

Hi there, I'm David Kanarfogel, an attorney based on Long Island with extensive experience across commercial real estate and CRE finance.

So overall experience of your QI to work in a number of markets and locations is really the key. 

To maximize my cashflow and gain landlording experience, I’d do STR and MTR in the other units, as well as the other bedrooms in my unit.