Ultimately he wants to sit back and just be an investor in it.

By plugging in a 2% for all them like explained in webinar for small multifamily building, it should not work since a 2% annual income and 2% annual expenses growths would make a 0% NOI differencial (therefore no added value).Do you guys ultimately think the BP calculator is not the best in order to calculate a commercial multifamily deal?

If you haven't, the BP ultimate beginners guide is a great once over.

My plans have been to buy a multi family here in San Diego house hack but with the market being highly priced in SD my tenant would really only cover 50% of my mortgage but still allowing me to save money for my next investment and ultimately move out and rent out the entire multi family home or my other plan is to buy out of state, cheaper market, less money to get in and start to get cash flow from that property before purchasing in San Diego.

Don't know how long you've been away from The Land but The Ultimate Guide to Grading Cleveland Neighborhoods is always a good market refresher so you may wanna give that a read.Got any good Bill Belichick stories?

Have you already read the Ultimate Beginner's Guide?

Rehabbing and flipping seems that it would better suit my current position, but ultimately I would love to own/rent to produce steady streams of income.

But there are many pockets all around the city, just comes down to your strategy and ultimately the numbers.

To help find your niche read the Ultimate Beginner Guide that is free on Bigger Pockets.

If you don't think you can find something that fits your needs and will ultimately make you more than where you are now, however, then it really isn't worth it to move, is it?