I think we could do a down payment of 100-150k (upper end would be a stretch).  

I’ve also been looking at Lampasas because it seems like 183 toll rd is stretching that way.

There were long stretches in US history where building properties was the way to go.

A 2 month rehab can stretch out to 2 years.Couple great reads9 Reasons You Couldn't Find A Buyer For Your Wholesale DealDon't Start Wholesaling Until You Read This: Wholesale Advice from a Fix and FlipperHow to Start Wholesaling: Getting Past The Education and Into the FieldGood luckPaul

Even if they are obligated per the leases these items tenants can not usually pay at once so the repairs are stretched out many years but the landlord bears the upfront cost today.  

My Question: How do we stretch our investment dollars the furthest?

A Great letter of explanation will be recommended especially if you're self employed or commission only or someone who can telecommute for work since it will be harder to document a relocation scenario.With Conv its 25% down even if your a primary residence or a non owner, only with FHA or VA can you put down 3.5% or less to purchase a 4 plex.I have yet to see financing under 20% down for a 4 unit property other then the above mentioned sources.I know a source that can finance a 4 unit with 20% down as a primary but even that is a stretch in many cases. 

It got tight and we were is central Pa so don't stretch too thin given that area of the country is pricey.

We'll do all the main rehab work which will mean our 10k budget should stretch a little further..

Anyway, decided it wasn't smart to stretch ourselves that far, at least not now.