Preferably one that’s free to make rent payments for the tenants.

@Walter Edington - the advice you will get will vary based on goals and preference.

(Preferably one that does not take 7 months to remodel a kitchen.) 

I recently heard on BP podcast, with Bryce Stewart, you can convert a property like this so tenants are charged for their individual usage. 

:)The house itself is an old house by Florida standards (1937 construction), but we prefer the character of older homes. 

However, I personally prefer to avoid any statement that can be misconstrued by the reader because the world is full of people with chips on their shoulder just waiting to be offended by something.

The practice allows landlords to engage in “backdoor discrimination” against minorities, domestic violence survivors, female-headed households, veterans, senior citizens, and individuals with disabilities, Cuomo’s office said.More likely than "backdoor discrimination" is that the tenant applicants aren't documenting the non-wage income.

Prefer multi-family but will look at anything with a good cap rate.

(ha) BUT, like you said, I still want to, and I'd prefer to do it now than 20 years from now (assuming no natural disasters / other things one cannot predict). 

I just prefer the velocity of capital.