This is really an object of my hindrance to achieving my end.

Lets say for argument sake, that I rent out one unit long term for $2000 monthly unfurnished, the other unit, I live in so I only rent out one room for $1000 all bills paid.  

The 4-unit is 1/1s, fairly similar footprints. 

Staying flexible and partnering with a skilled property manager or agent would be key to achieving long-term success.Good luck!

Initial Equity: The discount you achieve when buying below market value.

That said, I'm grateful for the alternatives you present--you're keeping the bottom line in mind, so I appreciate your help in exploring options that achieve the bottom line for the investors. 

Jaybe if you had a few units this can be achieved

Each unit is $725.

Without the high leverage you reduce the top source of return in CA RE which is achieve via the appreciation on a high leverage property.  

You can achieve gross revenues at a multiplier per location vs that sec8 volume model.