What steps are required to make it happen? 

And if you’re looking at small multi-family, check out my 10 Step Guide. 

At this point I step in to talk with the father who informs me his kids are only sick at the house, but not when visiting home.

Hi @Chris Mason narrowing down an strategy is exactly what I'm trying to do that's why I need to gain more knowledge about this subject, I'm a very analytical person and just like playing chess I like to analyze all the scenarios, always thinking 1,2,3,4,5 steps ahead then set up all my pieces  in place and then go for the checkmate (In this case landing a good deal, lowering my risks and maximizing the profit or cash on cash ROI). 

I used Bill Bartmann's 9-Step Goal Setting plan he wrote about in 'Secret's to Success.' 

I'm sure you are already working with a realtor who specializes in multis in your area, if not that would be a good first step!

One of the first steps in being a good land lord and making money is to run it as a business. 

You are always walking through sawdust and breathing in drywall while stepping on nails and tacks.

Your profile indicates you are a real estate agent...so you should know the avenues to pursue.

Bought my first home for $88k, 8 years ago. Moved into a bigger home just last October but still own my first home with $74k left. I rented out my first home in October for $1000/month on a 1 year lease. Payments on t...