Specifically, the property taxes can make things kind of tricky when it comes to the overall cash flow. 

Saved us a ton in taxes.

There were some repairs I had my handyman do that had a cost plus the sales tax.

Purchase Price: $215,000ARV: $275,000Tax Assessed: $300,000Rehab: $8,000Rental Rate: $2,300Landlord Insurance: $2,500Home Owners Insurance: $5,000Property Taxes: $8,000Year Built: 2018

DSCR loans - there are DSCR loans that have much shorter seasoning period like 3 months and 6 months, and these financing doesn't require tax returns or W-2

Primary residences are different than typical rentals for 'asset protection'.Your state may have homestead protections you may forego and/or you may not qualify for cap gain tax exclusion at sale by not owning as a natural person.Private money terms are likely your biggest asset risk, not fear of lawsuits. 

Issues are Legal & Tax.1) I escrow taxes for one of my properties and just received my annual statement from the bank.

Single family homes cost more and taxes are higher, but you don't have condo fees.Run the numbers for both.

Consider Alabama in your research.  2nd lowest property taxes in the nation.

If you put down 20%, after taxes and everything, you might be cashflowing a few hundred dollars, but that's only before expenses and repairs.