I have one long term partnership that we share capital but I still do all the work ( rain maker) he is a cpa so he does do the books and tax return though :)  WE built one subdivision together were he put in 500k and I made him 1.2 mil in 18 months net profit so that was not bad.

Install cameras and exterior lighting on timers, place no trespassing signs, and place items that indicate occupancy - like a BIG dog bowl near the front door, shoes, etc. 

I want to purchase my second property within 4-6 months of moving into my multifamily house hack, but looking for a guidance on the strategy to do so.

If it sold for $120K in 2007  , and your rent is $2000 a month , the landlord is probably cash flowing rather well .   

Less than $300K in a mortgage, generating $4,000/month in rent.

QBO with class tracking if someone has more than 1 rental is $50/monthBookkeeping will be at a minimum $200-300 a month. 

We also give the agent $100 for every current tenant that resigns for another 12 month lease.

You could tell them to cancel the listing and you will find someone else to list it after a month not 4 months (the market take is subjective too, all dependent on what your house has compared to others, where it is located, the size of it, and so many other factors).

Darrius  Local PM here - happy to help, we have multiple developments that are gearing up to sell in the next 6 months, few small multis and townhouses.

I was in contract to buy 100 houses from one builder who was selling for 250k in 06 my contract price 125k each.. thankfully I did not close as within 12 months these were trading as I said in the 50 to 60k range..