The flexibility of a 30yr is usually worth the rate premium.

Flexible programming of retail spaces will mean changing seasonal experiences and more experimentation.” – MIT Center for Real Estate: Real TrendsLuxury Multifamily Supply is Expected to Outpace Demand“…the expense of developing properties and improving existing stock has gone up fast, to a level that now exceeds income gains among would-be renters.”

@Ethan Hamilton, I personally don't separate each property into an LLC because of the costs, additional accounts, paperwork, lack of flexibility on financing, etc. 

If you have school debt, then I would probably keep that because those can be more flexible in repayment if you lose your job.

I am flexible with the exact city or suburb.

Hello Lorne,I have an investor friendly agent in town would recommend (St.Petersburg), but please be thinking about where  you can be flexible.

To be honest, unless the numbers are drastically different, I wouldn't worry about it too much. 100k at 5 vs 5.5% is about 30 a month difference on a 30 yr fixed.I would select the bank that offers the widest variety and most flexible loan products so you can use this as a chance to start building a relationship with them.

cash is typically king in freedom and flexibility to take advantage of buying opportunities so I always go with 20% down to keep my options open.

A duplex policy will rarely have any flexibility in pricing.  

Students coming out of college are saddled by student debt now more than ever, to exacerbate the situation younger millennials are now more than ever placing a higher priority on flexibility in the work place and their living situations leaving many of them choosing to rent over seeking out home ownership; This paired with boomers looking to divest their investments into a more "hands off" approach helps create the perfect storm for young investors ready to take advantage of the multi-family climate.