I have a duplex in a quiet neighborhood and have a prospective tenant who sounds very responsible, has good credit and income.  

The BP Money Show podcast has been an eye opener for me and helped shape how RE fits into a bigger life-goal mindset.

can use a hard money lender and save your cash as most will do purchase + rehab costs. but they do charge a good amount in points so make sure theres a good enough spread to fit in their fees too. you could also go to the lender that holds your personal mortgage and see about a line of credit on your home if there's a good amount of equity in it. then use that like cash to buy another investment.

I wouldn't consider age so much so long as the neighborhood it is in can support your sale price.The best way I can say is to always follow your market and visit some homes personally and eventually you will just know what a certain property is worth and won't need to necessarily find comps

The new house is in a very good neighborhood, and I need to act fast while its still under the owner-occupied stage.

You need to know the area super well to avoid getting a rough neighborhood (unless that's what you want).

Interested in any thoughts from those of you who know the area about what neighborhoods are prime candidates for a MFH. 

@Eric Fernando You should start by looking at the county property appraiser website and check out the neighborhood and the zoning for that particular property.

C neighborhood if that matters.

Cozy fit my business well for 2 years and I’d probably continue with it if I wasn’t managing for others soon.