If he is legit, then he shouldnt need anything from you up front (maybe a small $100 application fee at most)Use an escrow service.  

I would suggest stay small and dominate the niche instead of trying to trade up to larger units. 

Currently our water heater is outside in small room not very ideal.My goal is to get started anyway possible and to accumulate properties for rentals. 

Conversely you can get a property at 60% if the price point is too low you wouldn't make enough money to make it even worth your time to do the flip, since the 40% spread represents too small of a dollar figure.

I see flip providers making $140,000 and the small investor making $15,000 or losing money and taking all of the risk.

Fast forward to today and I've been doing the same type of work (admin support for faculty) with a small increase in pay and a title change.

If a SFR has a finished basement with a separate entrance, it could be a great opportunity to turn it into a secondary dwelling unit/duplex for a relatively small Reno cost.

Welcome, just starting out you may not need my services, but I would be happy to be a resource for any questions you may have from the property management side, or small apartment acquisitions.

I'm trying to figure out if it's feasible.I'd like to build a 4-6 unit building (assuming the city approves) each with 2 bed, 1 bathroom and small kitchens. 

You may be better served doing multiple small deals and get better cap rates than competing against the real professionals with deep pockets with cash parked and ready to go.