Worst place to work, job security yes, but very little money...so things started pilling up!

Cash flow of $1,000 a month for a 4-plex is pretty slim so it's possible to see how this could end up with the bank.

Chances you get this to line up perfectly are slim.

With that being said, the chances of getting offers accepted on decent property at 70% of retail are pretty slim in a sellers market.

Extremely slim picking.

Wes Blackwell and Sophia Morris do a great job finding investment properties but be patient,  the pickings are getting slim.  

Judging from Meetup.com it looks like the REI club pickin's could be slim in the Albany area, but you could get lucky.

After accounting for closing costs, you end up with a very slim margin.I have noticed that a fairly large proportion of the investors here have their own real estate license so they save on selling costs.

Depending if it were originally constructed that way, or if the city has files (LA has post 1950s) they can be grandfathered in, on small city like Redding, chances are slim, but ask B&S.

@Lane Kawaoka is also correct, CF in these markets are slim to none unless you purchased awhile back, at below market prices, or do something like STRs (There may be other strategies available, but I'm not too knowledgeable about that).