Hey Richard, based on the numbers you presented that sounds pretty good, the owner occupant strategy with MFH is a great way to grow a portfolio quickly due to the low down payment.  

It can also help you learn to be a landlord while being able to quickly respond to tenant issues because you live on site.I lean towards personal conventional loans if possible because you can more highly leverage and in theory get a better ROI.

If I can find even 3-4/year that would add up to a significant cash flow quickly.

If you moved then rent up from $600 per side towards $700 per side that very quickly gets you near a 20% CAP, which is excellent.As a matter of interest, if you take out your property management costs, and manage your self, you're at 19% CAP without raising rent.

She moved out on the 29th, I had the unit cleaned as she was still moving her stuff out, made notes of repairs and did the quick ones myself that day. 

When a deal pops up act quick.

Hi @Edward Dones, I just took a quick look and see quite a bit of inventory with the tools I'm using. 

We quickly found the townhouse and placed the offer which got accepted.

Quick way to accelerate your $ and accomplish some of your rental goals.

I just did a quick check of the Athens market on the fmls.