Next week I plan to go see a Multi-Unit in that area with my agent and the following week I plan to sit down with a Mortgage Loan Officer and see exactly how much money I need for the deal.If you would be interested in attending either the visit with the real estate agent or the sit down with the mortgage loan officer, let me know.

@Eric BarnettI moved property into my series LLC several years ago with (what I recall to be) minimal cost. 

If it were, just like you said, the property wouldn't be sitting for 100 days and if it made so much money as reflected by a cap rate, the seller wouldn't be selling it or the price would go up to the point that well... the cap rate wouldn't be "no brainer" high

Maybe you need to understand that one goal of most investors seeking passive cash flow is to have enough to live off of at some point, they don't necessarily care what the return is at that point if they are sitting on a beach drinking a margarita every day.

they had open wires without junction boxes sitting in insulation.  

amazing way to build up primary residence tax free equity, with minimal downI would say that cashing out CO is the best option:  the market is so hot, and equity is no good just sitting around, might as well use it, especially in a place like Troy or Albany where there are tons of reasonably price properties... and cash is king, especially if you want to try the BRRRR strategy on your elbow grease!  

Here it is, are you sitting down?

Sit down with the branch manager, describe your plan in summary, and ask if they can put you in touch with their small business lending person.Be prepared to write a full business plan including 3-years of financial projections.

Where sfh if the tenant moves out your sitting at 100% vacancy.

Neighbor states that there are young men who loiter outside all the time, sit in cars all the time, etc...When receiving complaints I have driven by and find the property has 1-3 cars but no one outside and nothing like the situation he describes.