Happy to chat about all things related to Kansas City real estate - have helped several out of state investors purchase investment properties from Single Family Homes to moderate size apartments complexes this year! 

Lot Size: 6500 sq ft4.

Because if its 10% then HML is best as the process is super fast 75% for cash out works for DSCR loans depending on the credit score of the guarantor and the loan size.

The perfect "unicorn" properties have the right mix of house + casita + lot size + parking + location. 

If you don't qualify you can use a non QM loan in the 5-7% range and refinance into a conventional mortgage once you have two years of stabilized rental income for the property. 5-20 units are small in the commercial financing world and lenders for this asset size are few and far between.

I would contact the relevant county court (Kings if Brooklyn, New York if Manhattan, etc.) and ensure you serve the proper notice and such.

If this is a duplex hooked up to septic (like some of the older, converted homes in Indy and more rural areas for example) you would need tp verify that your local code supports this conversion of useable square footage as supported by the current septic tank size or install a larger/additional tank. 

Two years ago lawyers were approved to have citation served by social media, so my proposal is not far fetched as you might believe.

While I never bought when serving, I can assure you, managing a single property from distance should not be a deal breaker.As long as you are careful about who you rent to, and as long as you work with a real estate agent who is willing to screen tenants or a property manager, the number of tasks that require you to be on sight for a remote rental are few and far between.In fact, everything can be done remotely, and you'll want to ensure that you have a network of contractors you can call if the property needs work at any point.

A lot of things to consider; you need to make sure you have identified a market that suits you, understand its dynamic (net migration, economy, Crime etc...) and then have your criteria fully defined: What type of property, size, what is your business model, what perfs you want, how you are going to structure the deal (JV, Syndication)?