Well you won't find much in the multi fam space at 200k or less unless you are going to pump in another 100k in the metro (unless it is a very undesirable area with other issues you cannot control). 

And as corporate layoffs in October were at their highest for the month in 22 years, we have some rough waters ahead in terms of consumer discretionary spending.

Not sure if you can put in a alarm for water overflow or if there are safegaurds against this. 

A couple quick questions: 1) do you have your PM's manage your monthly utility payments (water, gas, electric etc)? 

I put a new well in back lot to feed water to all new buildings but since I have recently sold that property along with two other duplexes and retained rights to use water lines I put in for a monthly fee.  

Virgin steel to stand up to Salt water environments.

However, let’s go with my premise that when you first purchase it will be significant cash negative when including all expenses/revenue impacts (piti, cap ex/maintenance, PM (always include pm in underwriting even if self managing because your time has value and circumstances change), vacancy, bookkeeping, portion of asset protection (umbrella, LLC, etc, and miscellaneous (this includes things like unexpected utilities for example from a slab leak, not fair to charge the tenant (I recently had a $2k unexpected water fee for a water leak), legal fees for various consultations, eviction fee, or the recently mandated stair and balcony inspections, etc.  

Also added mailboxes for box units and new water heaters for both units (plus a new electric meter for the other unit and internet hookup).Apt A (two beroom, one 3/4 bath) rents for $2200 and is occupied.Apt B (one bedroom, one full bath) rents for $1450 and is occupied.The problem I'm facing is with the refinance.

I'd check the water shut off valves (under sinks) - if they are "old" knob style, id try to turn them to shut off the water and see if they leak (they do tend to do it over time) - replacement can be costly because it will require water shut off to the entire building (unless you have the individual main water shut off) - it will have to be done thru HOA, increasing cost. 

Do gutters/downspouts move water away effectively?