Each duplex grosses me approximately 4400 a month.

A friend of mine owns a brewery in Cisco and they have issues with finding employees and there just isn't much out there outside of ranch land.

Seems really abrupt; at least when Brandon left, he explained it a couple months early. very different as brandon was like employee #2.

We have been your average corp job employees for the past 15+ years (maxing out 401K, emergency fund savings, etc.). 

It would be an adjustable rate starting at current rates about 7%, with rates hopefully coming down through the next year, if I bought a quadplex in Toledo that i'm currently looking at for $380k, it would be grossing me $4250 a month with a payment back to Chase of about $2200, still in the green after insurance, property taxes and management fees, and the money i'm borrowing against will still be invested HOPEFULLY continuing to grow with the current stock market.Anyone ever bought a property with an SBL?

I’m also a bit skeptical of an all-in purchase/rehab at ~$115K grossing $2400/mo in rents.

California has a $800 minimum franchise tax per LLC per year (and it could be higher depending on gross receipts).LLCs allow for orderly transfer of wealth upon death through an operating agreement.

So they may not trim payroll, but likely won't be bid for new employees as one's leave.

The voucher would take the place of the income requirement, for example our criteria is 3 times the rent as gross household income.

Budget 5-8% of gross collections as maintenance then tack on the property managers margin to give yourself a better idea of your management cost line.