For a side business (somewhat related to real estate) I am in need of high quality translators to translate some legal documents and marketing materials, in the following languages:Chinese (Mandarin), Japanese, Russian, Korean and Spanish.Looking for professionals with experience, not google translate, or fiverr, or the like (i.e "high quality")References would be greatly appreciated.

So I expect that the tenants are from slightly better economic pool, which hopefully translates to more dependable and responsible tenant.

The lynch pin to this business is tenants paying rents which translates to your tenants having jobs so they can pay your rents. 

This would in concept increase your CoC from 12% to potentially higher given the rate to borrow is in the 5's which translates into a 6.80% mortgage constant meaning you have to earn a min cap of 6.8% (based on 80k value) to break even.

IME residential lenders (I'm assuming you're going FHA) in this asset class mostly "hack" at it, very few are actually highly experienced with small multifamily, so if they're saying it can't be done, in a lot of cases that translates to "I can't (or don't know how) to do it". 

BP often talks about the 1%/2% rule which can be translated into the price-to-rent ratio (1% (or 2%) of home-price per month = price-to-rent ratio of 8.33 (or 4.167))Check left-over zip codes for low crime rate.That’s how far I am right now.

Welcome, @Caleb Vance - Sounds like the work experience will translate well to your real estate investing career.

When economy is rough, it is inevitable a percentage of workforce will be laid off, and thus your rent will likely be in jeopardy, which would also translates to reducing the cash flow is landlord's wallet, which could ultimately result in landlord not paying bank.

There are currently a number of software options that are being geared to contractors for remodels and new construction - which translates to rehabs. 

My goals are to replace me and my wife's current salaries through multi-family repositioning buy and holds in the next 8 years so we can spend more time with family and friends, travel, ski, hike, and give back to our local communities.Here are skill-sets of mine that I've built over the last 10 years that I think will translate well into the RE industry: project management, business development / selling, building successful teams, financial analysis, stakeholder management, strategic planning and roadmapping, and process improvement.Super pumped to be here and looking forward to learning, building relationships and working with you.