Are QuadPlex properties appraised with comp sales like a single family or a duplex would be, or is it appraised using cap rates like apartment complexes are?

I am primarily interested in 2-4 unit duplex, triplex or quads in Mercer and Middlesex counties except Trenton under $150k or single units (condos, townhomes or SFH) under $100k in the same areas.

@Scott RaleyEvery week I analyze every single 2-4 unit property on the market from Placer County all the way down to Merced, and run all the numbers like 1% Test, CoC Return, Gross Annual Yield, etc.

I currently have 1 single family house, 5 duplexes, and a commercial property that houses my other businesses and office.

I am refinancing my current fha loan(single family house) to conventional.

I consider it to be one of the single biggest red flags in a potential customer.

Thanks for the kind words.I have found that doing exactly the opposite of what most people are doing can often be better than competing against the masses who utilize that one single strategy.I don't doubt they are probably successful, I don't doubt that at all.

I was focused on single family rentals, but I think I may turn some attention to 5+ unit multifamilies to see if that's my next step.It was also a great way to meet like minded people and to learn from them.  

We would like to get into this business and start off with a single family home flip SOON! 

Any suggestions on who to specifically reach out to to help you define what your investment criteria should be?