If approximately 25 units (47% of 53 units) are vacant simply because of a need of updating, immediately after purchase, why not immediately decrease the rent on say 15 of the 25 vacant units by an amount (e.g. 10%) to increase your short-term cash flow by enticing tenants to overlook some of the required renovations for a slightly lower rent. 

But, getting involved in government red-tape isn't enticing either.Is this nonchalant attitude normal or is this a big red flag?  

But the consistent income and tax deduction are mighty enticing.

At the moment I do not have the credit, down payment and connections to secure financing therefore I would structure the purchase this way :Tell the seller I would like owner financing for a 5 year period but I am willing to pay more than asking price.Purchase price $2,100,00010 % down ($210,000) 5% interest 5 year term owner financing (balloon after 5 years and than I would secure institutional financing )30 year amortization Would this entice a seller and would they be willing to go through with owner financing ?

With so many resources online to browse through and analyze, even for just a local area, it can be a challenge to not view all enticing opportunities as equal.  

Cash flow "investing" is a marketing ploy to entice novice investors. 

If you are buying the 4 plex in a neighborhood is not in the path of progress, then these number wouldn't entice me to buy.  

Ideally I would love a duplex or triplex of some sort if it came down to me living in the property as renting out rooms seems less enticing, But I will defeintley be seeing a morgage broker asap to determine if a multi fam would even be in my list of options.

If possible have a little better plan in place with Servicer to entice response.

The micro economics of Euclid were enticing to me and very much affordable.