My question is if I go with traditional financing would I be able to buy both properties in one loan?

How does it compare to direct mail and cold calling?

I’m from Los Angeles and comparing prices it seems very expensive here.

***If you had to sell the traditional route – Realtor*** List Price = $132,000Negotiating discount (4%) = - $5,280Realtor commission (6%) = - $7,920Closing cost (buyers request) (2%) = - $2,640Misc.

It needs a roof, electrical, and a few other small items and I don't think my traditional agent will bind coverage from what everyone is telling me.

How do you like to VR compared to other REI?

There are short term lenders (2-10 year) where you could refinance without title seasoning requirements and pay off your cash in loan quickly, then refinance again for a better rate with a more traditional 30 year loan.

My credit is good and I have no debt, so I don't anticipate having any issues getting traditional financing. 

Since there aren't other multi-families in the area to compare to, should I use the average price per sq ft instead?

The moral of the story---Single Family Homes are a dream compared to Class C or D apartments.