My investors seek rental income and willing to hold on for 5-6 years for an exit event.

When I look at a deal, I always assume that when I plan to exit (in 5-7 years from the purchase date), the market is not strong and that real estate prices are falling.

@Kalib Williams in theory, yes you can do this, but not at 80%.For the exit strategy from the 203K loan on a 4-unit, you have 2 options using Conventional financing:1.

We know how the saying goes never mix "family and business" but if you do, establish who will be responsible for what, what is the exit strategy, what is the goal for each property, play out every thing that could go wrong and etc. 

When we go to purchase, we are almost always looking for something to BRRRR and consider fix-and-flip as an alternate exit strategy.

I work full time and want to do investments on the side.There are two things I am looking to do: 1) find a new home for my family as a house-hack to reduce the monthly payment and 2) find an investment home for a buy/flip or buy/hold.My biggest question is the exit strategy of refinancing in the buy/hold.

The new protocols call for closure of the pier bridge at Ocean and Colorado avenues (the main entrance) and only a single point of entry and exit on Ocean Front Walk (which nobody knows exist!).

He gives a ton of in-depth info on subject to and seller finance, and various exit strategies and so much more. 

This will allow you to raise rents to match maxes in the area, possibly improve tenant quality and allow you to diversify exit strategy to sell for over-value to owner-occupants. 

I've flipped two properties in Apopka and it is a pretty large geographical area depending on the part of the city the home is in may determine your best exit strategy.