Also, if you renting to the average joe that you have no idea who they are, what they do, etc.

We did plan on seeking help from a CPA or an EA, but I was trying to get a general idea of what I was looking at before I went. 

For the short term, I’m thinking of exploring BRRRR to expand my holdings portfolio however I’m not bought into this one idea and I’m open to exploring other options as well.

It may not hit your 2 properties goal but could provide you with a lot of experience and possibly build some equity along the way.Just some ideas, but you will need to put in some work one way or another; analyze deals a few hours a day for months to get good at it and find something that fits your buy box.

In this case, I think the merit of this idea depends first on location and second on amenities.

I have no idea why people keep calling it that.

I just have no idea where to even start.

Is that a good idea? 

I don't hate the idea of leasing HVAC units.. however, marketability on sale of the property might be a little confusing as Theresa mentioned. 

The base price for townhomes in my community is 386K, SFHs start at 414K and the next home (new construction) scheduled to close in June is closing for 699K (just to give you an idea of range).