They make things way too difficult compared to a simpler, DSCR solution.The type of lender also plays a large role here. 

This is huge because more people moving in means increased demand for housing, which is great for rental properties.Low Entry Price Points: The barrier to entry is still quite low compared to other cities, meaning you can get in with a lower capital investment and still have the potential for solid cash flow.

You need comparable sales and there are typically not a large number of 4 plex in close proximity.

One idea I have is to "shadow" a real estate investor (although I am not entirely sure how to go about asking for / finding this kind of opportunity), but I am wondering if anyone has insight into other ways to gain a comparable level of experience.If anyone has insight into any or all of these topics, I would greatly appreciate the feedback.

Hello @Kanika Jain,I will compare Las Vegas and San Antonio net income and future rent and price growth.Net IncomeIt's not about how much you gross but how much you net.

I have a friend who also invested with this guy and she's received some small payments irregularly, but a small % compared of what she invested.I'll follow up on the items you mentioned to take action on, I appreciate the input!

I would offer 90% of the market value. if he sells it you with no agents he is saving 6%~ on real estate agent commission and the other 4% is a convenience fee in that he dos not have to endure showings etc. and you will get better pricing on a non-owner occupied property if you put down 25% is compared to 20%.  

I also look at comparable properties (comps) to estimate the property's value after repairs.I currently don’t have a real estate agent.

We are comparing RE wholesale transaction to trading-in a vehicle to a dealer for a wholesale value. 

My thoughts- Pull comparables for other properties that have sold across from multi-families in the area.