If numbers don't work out, just walk away, does not matter if I want to buy and hold or not.  

(Laws do not require tenants to disclose ESAs or service animals when applying for housing).Once you have proof (preferably in writing) that you're accepted into the rental home (and not denied for other, legal, reasons), send the landlord a letter saying that you have an ESA, with your documentation.If, at that point, you are denied, you could take a number of steps: file a complaint with Fair Housing, file a complaint with your local government, write a letter asking for the reason for the denial (the landlord doesn't have to give you one, but it's helpful to understand their reasoning if they are willing to give you a reason for denial).Generally, it helps to tell the landlord that you have an ESA or service animal before you move in, so that if they have a legitimate reason to deny your ESA (listed above), then you can work out those reasons before you are relying on them to provide you with housing."

@Scott Simpson, it's all about the numbers, but a 4-plex is far more likely to work out.

:-DIt will all work out well.

As long as the numbers work and you are realistic on your costs and amount you can rent it for it could work out great.  

I think it’s definitely doable, but it does require a little more research, a good group of people you’re working with, the numbers to work out (duh) as well. :)

Also depends if you have a lot of scratches to work out.

Hey Eddie, how did this investment work out for you?

The last day, and only one I found worth a damn, Compare the costs for renovations, look at possible properties locally, and work out the math so you can find a good deal. 

Our attorney suggested that this would be very effective and if it didn't work out, we just evict the tenants.