What's your driving radius to survey neighborhoods every day? 

With all the bathrooms and kitchens, the value of the land is a lower percentage, so more can be depreciated.Residential buildings can be depreciated faster than commercial, to shield a higher amount of cashflow from income.Aside from the above list, multifamily shares a lot of the same real estate benefits as retail, including the ability to drive income and appreciation through your own efforts.FWIW, a fourplex, triplex, duplex are a strange area of overlap between single family and true multifamily. 

All of our cabins are within an hour's drive of our team, by policy.  

My idea was to virtually drive for dollars with street view, write down addresses with 2+ mailboxes and send them a pretty custom typed hand stuffed letter asking if they wanted to sell, or connect.Made a small sample list (50 contacts) Sent it off to be skip traced, and got back phone numbers when I was expecting mailing addresses (.20 cents per name).

Personally found the deal, it was a drive for deals method and noticed the marketings of a pre-foreclosure.

Park County has a law allowing for Airbnb investments, and they're just a 20-25 minute drive to Breckenridge.

@Craig Barter I love the spirit and the drive.

Use your knowledge and drive to convince your parents to get a home near your college.

Many of them are running their own deals and have a deep network.

PropStream is my favorite tool but if $400 is your total budget I’d start driving for dollars without paying for software and then sign up once you have some cash