I don't understand, if you have capital to put 20% down on $3 million worth of assets, why are you wanting to operate in the small multi-family arena, where value is a function of demand, rather than larger multi-families, where value is a function of income?

Compute the IRR for those different scenarios (can compute with excel function).

The house is a bit funky and contains a full functional living unit on the second floor but the ground floor, (basement), which is on a slab, seems to have been remodeled at some point, but not at all finished.

If you think the prime will only be 2.5, then discount accordingly...How we get into deals is a function of how we get out.

I was using the app on my phone and it doesn't appear to support the mention function. 

If you have any sort of plan in your head then that can sufficient dependent upon how your mind functions.

Your profit is made (or lost) on the buy ... and that is a function of what you buy and where as well as the price you paid.

It's a 3 bed, 1.5 bath with a good sized fenced in yard. 1.5 baths is functionally obsolete.

Hello, Im just starting out, I signed up for a few REI functions in my area, and would like to know if it's a good idea to have a company name, and contact phone to put on business cards.  

No, mostly safety-exposed electrical, trip hazards, properly functioning electrical/plumbing, etc. and wood rot, peeling paint(sometimes) functioning kitchen appliances (only if they are present-not required), etc.