Afaik having the FHA loan does not prevent you from getting a conventional one on the second property - would a hybrid approach like buying first 4-plex using FHA loan (to take advantage of the very low downpayment) and then another SFH/duplex using a conventional loan be a good middle of the road solution here?

Just this morning I posted a deal for $120k where rental value was advertised $1295.

Good morning Jerrice, I am looking for a couple of off market SFR deals, or better yet, a source of current and future off market SFR deals for buy and hold properties.

For central Jersey, where(what towns.townships) have you seen multifamilies in the middle range?

I need them posted late Friday or early Saturday morning and picked up Sunday evening.

I am currently in the middle of renovating the mf home I purchased.

With 500k you could purchase several homes in some of the middle states such as Indiana or Ohio or others and have property management groups manage them for you. 

My name is Chris I'm 28, I'm from middle TN but have lived in Nashville for 2 years.

We are in the middle of demolition on a house we are flipping.

.), figure out your niche - high end, low end or somewhere in the middle and start doing your research.