There are so many factors which all realted to calcualtions.

There are a few within driving distance.

Things like zoning and section 8 ratios can play a factor.

Although we'll be losing a good chunk of cash in doing that, our "debt to income" ratio will no longer be a factor (negatively) and possibly get us better loan conditions.

If so, don’t drive yourself crazy.

You're better off calling because you'll drive all over God's country and maybe the guy is there, maybe not.Rates have risen that high and will continue to rise. 

Hope you and @Mitchell Benson are able to come to an agreement.Otherwise, drive neighborhoods/use MLS and look at the multi families listed.

@Jennifer Kobasic I think the deal looks like it will cashflow as you mentioned, but if you're in it for the returns it seems you'll get about 3% cash on cash return with 20% down (assuming you do zero repairs/upgrades) - and probably more like 2 - 2.5% when factoring in closing costs (others correct me if I'm wrong please) - I think most investors look for 7% or more cash ROI though.  

I've even looked up properties on my local tax assessor's website to find homes with different mailing addresses to get a feel for (what I believe) I would be doing on the daily to find deals.Today, I was driving around my area and found a house that looked vacant and abandoned; tall grass, bordered up windows..

There's a lot of unknown factors here