I've always planned on purchasing a bigger multifamily (20+).

The biggest challenge I can see for this is that I hear it's a pain in the *** for the seller to go through a local community bank and confirm their income for their approval for a mortgage, and there are local/community banks that will approve 95-100% LTV loans based on how profitable the deal is.

This is how the rental income is reported on their personal tax return."

Is it better to use that money as a down payment on one property or split it and use it for a down payment on 2 properties?  

If it's because of the tenants, you now have limited visibility on it and difficulty with tenants.

., allowing flippers to invest with lower upfront costs.Growing Job Market: With industries like logistics, healthcare, and tech expanding in Memphis, demand for housing is on the rise.Steady Appreciation: Home values in Memphis have been steadily increasing, providing a favorable market for short-term flips.If you’re looking to get into the house-flipping game, Memphis offers the potential for high returns in a stable, growing market.

With only 2,200 residing on campus, this creates a large, permanent class of renters in the area.4.

How did you make an Operating Agreement or did you decide to call on an attorney?

Quote from @Chai Xiong: Sure I have 5 single family homes in Kissimmee What's your email I can send you information on a single family available 

I was hoping to receive some realistic feedback on the "flexibility" aspect of the work.