In terms of my preferred niche and strategies, I am pretty open-minded and flexible, but I do have a preference for cash-flowing multifamily rental properties implemented with the buy-and-hold or the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) investing strategy.

In terms of my preferred niche and strategies, I am pretty open-minded and flexible, but I do have a preference for cash-flowing multifamily rental properties implemented with the buy-and-hold or the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) investing strategy.

When he does reply it’s something like “nothing yet sorry to be a bother.”Tenant C has assured me she is signing a lease 5/24 and will be all moved out by latest 6/1. 

I know the steps, like making sure I get the agent to add certain contingency to cover myself, add an inspection period, making sure it goes through my preferred wholesaling friendly closing company, etc.

These lenders close faster, less docs/headaches [usually] and are where many investors prefer to go.To take it up a notch, if Cash-Flow is your primary concern and the name of the game, then there are also options for Interest-Only, through a 'Hybrid' term product.

I'm a bit daunted by the prospect of having to fend of intruders in the hours I prefer to be asleep.  

Yes, in most markets, having tenant owned homes is preferred for various reasons you're likely already aware of.

that the main concerns would be structurally- assuring this is indeed a fully functioning third unit  that complies with any local zoning that would possibly apply. 

The norms for LP/GP split are typically preferred returns of 8-10% and 70/30 or 60/40 on profit.

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.