In fact, someone just called me last week and had a non-performing rental package that they purchased in the same fashion and the prices they bought at, considering the actual condition and historical performance of the properties was too high in my opinion. 

Anyone telling you to buy 80k properties in class D neighborhoods and rent them to section 8 for 2200/m is not doing you any favors. 

A bend don't break approach that is still favored across a variety of materials used including steel reenforced masonry.

I truly appreciate it.I completely understand that the economics of owning a multifamily property (like a duplex or triplex) can be much more favorable than a single-family home.

You may also have to pay a broker to rent it, when usually the tenants cover that during peak rental season (May-July for 9/1 leases).Good thing is once it's rented you should almost never have vacancy if you're mindful of re-listing it in a timely fashion.

It’s either not a favorable market for real estate investment focused on cash flow, or perhaps my limited familiarity with the local multifamily market is holding me back. 

@Nate Gilbert Thank you, I found that the most helpful posts when I was first learning were the ones that included details on the numbers so I am try to return the favor to the community. 

They’re familiar with the towns, businesses, and, in some cases, even the commercial tenants, which can work in your favor.

We were discussing options for payment as we don’t have a lot of capital at the moment, however they have a property that has a bit of equity we could tap into, but they already have a favorable interest rate.

To maximize cashflow, I looked in my local area (on Zillow) to find favorable Rent to House Price ratios.