It's the very low, easy pickings.

Sounds like I should provide some details.  

The pull back in these markets is due to a confluence of many factors, but it started with these environmental factors:Low interest rates and easy financing for new projects.Structurally high rent growth on existing inventory.High wage growth and high job growth.Very low vacancy.These factors led to floods of institutional capital coming to these markets to snap up existing multifamily inventory and build new supply to meet demand.For these markets, the last 5 years have been a seemingly never ending party!

Sounds dreamy, right?

What’s everyone’s experience with two story single family homes vs one story home in terms of how easy or difficult it is to find a tenant or reselling after holding the property for years?

Build out systems and support staff that then make it easy for me to just plug another unit in.

However, there will likely be unforeseen issues and costs that always go along with some rehab projects, so by no means is this the easy path. 

If you take the 5 engineers plus architect each will spend 8+ hours easy on a project so there is 40 hours and that is just to get preliminary / schematic design.

@Patrick @Patrick BavaroThat sounds like a great strategy.

Sounds like you have gotten off to a great start.