Your broker/agent needs to determine the spaces highest and best use which may or may not be the way the interior space and exterior is currently laid out and designed.The question then becomes can you convert and invest the cash to the highest and best use and still make a good profit all costs considered?

I honestly feel like I can handle the management responsibilities on a larger multifamily property as well.

So Are you starting a community outreach program for senior citizens in your area or are you investing for profits ?

I am currently living In a SFH with the VA loan, unless I sold it ( wouldn't make much a profit if any, since no down payment ) unless I find a great deal, I may just have to keep saving to get maybe a commercial property. 

We would like to purchase a SFH in the area and my question is this: In the long run, what would be more financially wise, holding onto our current property and scraping together a small downpayment for a less expensive SFH or selling our current property and applying a $100,000 downpayment toward a larger SFH?

With Turnkey, the provider is the PM, so it's all built in.The upside to the DIY method is that, if you're good at it and/or get lucky, you might end up with a bigger share of the profits.

Better if you can partner up with somebody and just split profits for a while. 

I'll give just one idea of a possible route to take and I'm sure others will provide different ones:You could house hack the house you own outright (renting out the other two bedrooms for a profit on your home).

If it has meat on the bones for them to make a nice profit( depends on the profit criteria) then they will give you a shot. #1 make sure you have a deal worth having #2 market the deal to REIA's and other places until you find a interested buyer.even if you dont find one for that property in 6months(and the contract falls through after 6 months) you would have gained a lot of knowledge and connections that could help further your goals and career in the business.

Hello all, Starting out, I plan to wholesale and then re-invest those profits into flips and rentals.