The attorneys are known to the assessors and there is a lot of horse trading that the typical Joe Public doesn't get access to.I have done work on my building and have a 5 year tax abatement in a portion of the taxes.

(for those not in the know on the analytics, millions weekly is not millions of individual persons, it could be 100k people visiting 10,20,30+ times, and most often any connected person has gone thru re-targeting multiple times)There are some veterans out there who do well with less, although that's the point, veterans, they have developed skills and local market knowledge on how to do it in a niche manner. 

Try to find out what the area cap rate is by speaking to brokers and understanding what multifamily properties have been trading at in the area.

I am far more interested in gaining experience, getting out of rental rat-race, and developing the knowledge and skills necessary for future deals and endeavors. 

I don't think the trade off of time/money is worth the investment for me.

The skills you learn on repairs are what let you do a walk-through inspection on a future property and spot problems before you even make an offer, let alone spend time and $$$ on an inspection. 

Being brand new to real estate investing, I am not skilled at figuring ARV quickly, also, I am very concerned about what if the property has asbestos, mold, foundation issues?

I've had some guy trying to trade his artwork for a stay.

You want to work with an investment team that already has the skills and contacts.

With that knowledge, maybe reach out to a few local investors letting them know the skills you have and asking how can you help them.