I'm hoping to learn all I can from BiggerPockets and hopefully get some social networking in to find other people who have found this method of investing successful.

I have been doing a lot of research on all the different methods in real estate.

I think the BRRR method is an excellent way to get a great deal and keep a cashflowing property.Question 2- For your first property (or couple properties) I would suggest staying away from 5+ units.

What are your methods in doing so?  

For example, mixing in flips, focus on the BRRRR method, targeting larger buildings, etc.Similarly, what would you deem the next step forward for someone who has focused solely on buy and hold single families? 

I love the BRRRR method and it works well.  

I deal with distressed assets on a daily basis and I don't see too many truly legitimate solutions besides weathering the storm or doing a short sale especially since you are being audited for maintaining it as your primary.

Based on my last 2 years doing wholesale to build cash to buy rentals it is not my preferred method and I don't recommend it if you don't need it to build cash in Houston without putting in tons of work and hours.  

I pointed out that anyone can do that and that to be a legitimate finance company there are other licenses involved. 

Am I being overly cautious, or is this a legitimate concern?