After that, you rent out the unit you were living in and get more cash flow.Alternatively, you can partner up with someone with 20k also, and do an investment for a rental.

Personally I think I don't want to deal with pets because a) it's a condo complex and I would feel bad for the neighbors if a dog was sitting in the unit barking all day while the family was at the beach, and b)  I live 900 miles away and would not be available to assess any potential damages incurred by someone's pet.  

Yes sir market rent difference is 50-100$ per spot per unit (so i 1 car is 50 less than a 2 can and no garage is 100 less per side.

Assuming you're living in a unit a new build as a rental can be challenging from a numbers prospective.

I own a rental property with great cash flow.  3 1br/1ba units and a 2br/2ba unit.  

I’ve looked into OOS markets and can’t seem to find those golden deals others talk about that are priced under $200K for a 4 unit and cash flowing $700/unit.

Ask them how many units they manage, what they feel market rent for your property is, do the handle repairs in house or use contractors, what mark-up do they charge on repairs, etc. 

Investment Info:Small multi-family (2-4 units) buy & hold investment.

You could benefit from low money down (or you could use your VA eligibility) and live in the property while renting out rooms or other units. 

@Anil Bansal: Hi Anil, can you provide more detail on the units you purchased.