I bought a SFH in Canton Ohio last year with the goal of making it a MTR due to the location (STR is NOT an option due to regulations but it is close to various hospitals) and the 4-car garage (makes for a lot of options).Long story short is I quickly acquired 2 other properties right after and spent all my focus setting these 2 properties up for doing the STR loophole for tax purposes (which was a complete success!). 

There is a difference between short-term and long-term managers; make sure you hire the correct type.

This simple chart shows the PE multiple difference/spread between SP500 and US Equity REITs, typically REITs more expensive than stocks but now at lowest level/price since GFC-2009, so from a relative value perspective of where to invest a dollar, this is a great time to invest in real estate, thinking long term.

Based on my talk with a title agent, they said that as long as the NJ and US were served and included as defendants in the foreclosure proceedings, those inheritance/estate liens would be wiped out by the foreclosure process.

Or hold and rent as long as possible?

I am absolutely not going to allow an extension and watch for long rentals in the same vein.

As long as you stay at 4 units or below you'll even get very advantageous rates on your financing. 

Because I have been an active Realtor for so long, I do have a bit of an advantage with knowledge and relationships with flippers..but I will be spending my time finding ways to keep my money moving and that time might be able to have a higher ROI if I keep doing what I already know. 

As to the second one, they and others (not that long ago) used to advertise fixed-rate loans at 2.4% and 3.6% interest rates.

We would then use the short term rental income to fund the long term multi family portfolio state side.