Some other areas may attract influx of residents from other states who find triplex on very small lots attractive. where do I find that data?

Not sure in your state but would assume its the same.  

Whereas a bandit sign will typically be vaguer and suggest “we buy houses,” personal property signs will state the home is for sale.

I'd cash flow immediately without having to pay for a PM to place tenants ( I am out of state). 

We are seeing its very challenging, especially for out of state owners. 

I am not sure about your state, but in Arkansas, you need to either be a broker or have a broker in your office, officiating and executing leases.

I am drawn to multi family homes and think I would like to start close to home here in the Twin Cities, but the more I listen and read, the less opposed I am to looking out of state. 

You are disputing a condo agreement we do not have and we know nothing of your paint and vent beyond what you say.Regarding amending the lease, it can be a simple document you and your tenant sign stating that you are amending the term of the lease to be 2 years, and the tenant has an option to terminate the lease at 1 year.Regarding the bathroom, if it has a tub or shower and no other ventilation, I would go with the vent fan as the root cause.

She also stated that her ex owes her about $50,000 for something, but would take $5,000 to walk away.

. $700/month (about 35% below market, which is closer to $1,000-$1,200) or approximately $6300 per month.Multifamily Property is Currently vacant, but there’s a signed letter of intent from a state housing agency to lease the property on a 5-year NNN lease at $3,000/month.This property has stable cash flow now, with a strong potential for upside by adjusting the mobile home rents to market rate.