The family does not desire to move, but they owner financed the home, and the owner is calling in the note.  

How do you find multifamily units in desirable neighborhoods and towns?

.$650k x 70% = $455k$455k - $10k for minimal work = $445k$445k - $7k your desired fee = $438k$438 is the MOST you should pay, and that is assuming very light rehab. 

Its understandable as more economic turmoil overseas leads to more investment in the US, coupled with a natural desire to create passive income. 

Two (of three) are located in an adjacent county that is considerably less desirable than that of the subject property.The LO mentioned a full appraisal is an option, but the price is $1k IIRC.    

The burning desire has arrived.

The 50-70k 4 units you may find may not be in the most desireable area to live in.  

If you buy in desirable, growing areas, you will build up cash flow over time AND have equity growth.

I'm 25 years old, have 3 children and have a lot of dreams and goals with a huge desire to make them come true.  

I have a strong desire to be successful in real estate investing, however I need a place to start.