NOI rules valuation wise.I would highly advise all to read Multifamily Millions by David Lindahl.What I did wrong was I thought buying a yield deal would have been safer and I didn't follow David Lindahl's proven step by step path.  

It is all marketing to convince people their home market is too expensive and difficult and this is an easy cheap alternative with great numbers.

We would really need to know your full financial picture including interest rates to advise properly.You may want to consider asking here for an alternate viewpoint: https://www.reddit.com/r/personalfinance

What would you recommend as a cheaper alternative for Seed Capital?

Currently I work as a Human Resource Specialist for Staffing Alternatives Inc (SAI) at the Defense Intelligence Agency (DIA) in Washington, DC.  

LLCs are fine but have down side like extra filings, harder to get funding, etc.Just an alternate thought....

Or, alternatively, try and find a middle ground with your buyers agent:  "Let me pick 10 properties, show them all to me, I'll make offers on the ones that I think fit my criteria.  

, but we'll never be approved for a large enough loan to purchase the houses around here which are $550k+ to live in a "safer" neighborhood. 

Can anyone recommend any good wholesalers or alternative methods of finding deals in the current RE climate.

@Chris Lawson A little more old school alternative is a flush mounted ceiling fan.