Your ability to rehab on budget and on time will come with experience.

I now want to pursue a multi-family home for instant cash flow and a place to call home.FHA is hindering my ability to make a profit monthly.

The good thing is that I have a lot of flexibility and I will have the ability to stick around as long as necessary to make sure things are rolling smooth.

After a few rehabs, we'd gain more confidence in our ability to forecast costs.

It's all about your ability to market yourself.

And sometimes these can be non-recourse loans (ie - your liability for the debt is limited to the property - not your personal assets or ability to pay from other sources).c) They provide a lot of flexibility to refinance and get cash out of a porfolio of properties that has been paid down so you can put your equity to work.  

Furthermore, wholesaling is not nearly as easy as it is often portrays as it requires and understanding of the market, a plan on marketing, the ability to analyze real estate deals, etc.

If your gross rents are currently less than 3x your P&I in aggregate currently, then in my view you are very tight on cash flow (and preferably 3.5x) and not in good position to weather adversity.With 29 properties, all the debt introduces alot of financial risk, where circumstances cause a large drop in market rents and/or high vacancies across the board, and the problem could overwhelm the ability of your non-RE income to bail you out.Also, if your liquid reserves are less than 6 mths P&I on all your loans, then likewise you need to shore that up.If you can create some free & clear properties by paying off the mortgages, you also have the benefit of being able to transfer them to an LLC to potentially provide some shielding from creditors if problems ever occur in the leveraged portfolio.

I have never paid for search engine optimization (SEO).

One more question as far as scale ability SF or MF which is your preference when going for maximum cashflow.