somewhere in the price range of 50k-100k, because thats  what I can put a 25% down payment on.It sucks not being able to take advantage of an FHA loan for my first home purchase, but I don’t see myself moving soon because my entire family lives in LA. 

For lower value flips, 200 - 300k, we stick to that range as the projected profits doesn’t have much room for an inevitable rehab oh-$hit.

You’ve heard from several experts I respect so nothing I say below is any reason to believe otherwise.

The short answer is yes to MTR in multis, being respectful of the other tenants and the allotment of LTR, MTR, STR of the units.

Other properties in that area of similar size and vintage in good condition have sold in the low $200s and rent in the $1600-$1800 range.  

You’re going to get a range of responses and it’s not that number that should matter to you, but the background behind it.

Thus, they are more apt to be torn down since they are in central locations and larger projects can replace them.With regards to the general BP poster or reader, doubt most of us are the $100mm to $300mm investor range to consider taking advantage of these properties.Looks like you're in California. 

I would think it would rent well in the 1,350-1,450 range, above that it will be tougher.

There is a way to do it with respect to all parties, but that's not why people are signing up.

I would do some market research on top-growing cities and determine which of those cities are within your price range and cashflow goals.