I'm not doing due dilligence on this, just off the cuff, is it current enough to get the main idea presented or is it common knowledge without much beef?

Having said all that, there are elements I just don't get as to what all options are for someone in my shoes, and how to learn about them, and how to not get myself in trouble trying to help homeowners.

I am targeting the JOCO area as one of my main points of focus.

Based upon not lviing there is was never your residence or main home as you did not reside there.You can deduct repair costs, maintanance, improvements. ultimately the value for depreciation purposs comes down to cost basis versus FMV at the time it was converted to a rental.Had you lived in it while it was being rented it would be another story.

But I'm mainly looking to see how to make this deal happen with the other three having mortgages...should I try sub2?

You then have to decide to buy in your market for an appreciation play or go outside your market where the cash flow is better.Nobody is going to sell to you for less when buyers are paying 5 to 6 caps or less for properties in those areas.There are areas with appreciation only, some cash flow and appreciation, and those with mainly big cash flow but little to zero appreciation over time.

My main concern is they usually have 2-3 kids.Is that a good deal in general?

Facebook I really haven't done much too it and mainly use it for friends.All of these avenues are really connection points you just have to decide what to use them for and your purpose.I get a lot out of Bigger Pockets here.

I am mainly interested in multifamily units, which I have read are similar to single-family homes in terms of financing.

I am only familiar with the thermocoupler, which i thought only sensed a cold element therefore preventing gas from flowing with a pilot light out, but when these things fail, can they do so on the hot side?