What I'm seeing with interest rates and taxes going up, are most places don't do more than just cover their operating expenses.

If you're able to get into a multifamily and reduce your monthly expenses you'd be able to pick back up where you left off, have an investment property, and possibly more monthly cash flow.  

What I'm seeing with interest rates and taxes going up, are most places don't do more than just cover their operating expenses.

That means more income without the acquisition expense. 

I said miiiiiiight because I have a feeling a lot of people in this area don't understand how much more expensive it got to live here because of "tax cuts".

OR hang tight for many years, raise rents when or if I can and use my other rental property cashflow to weather CapEx expenses. 

Furniture is expensive Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I imagine (depending on the condition of the property) my largest upfront expenses will likely be the down payment and rehab costs.

@Josh Detweiler Syndicating this asset might not  be the usage of your resources because syndications are expensive to setup and run.

but trust me this is not a passive gig at all.Larger homes are definitely more profitable but also risky and more expensive to furnishFor corporate 2 bedroom/2bath is perfect since you can easily rent it to a family of 4 or 5 as well.Take Al Williamson's course or any online course some are very expensive ($2000).