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.

Rental Cash Flow Splits: the net cash flow after all expenses I typically give capital partners 90-95% of cash flow and 5% to Managing Member after hitting a certain hurdle rate of return.

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.

Also check the main water heater control valve, it's the valve with the thermostat on, that maybe what is malfunctioning causing it to shut down.

This is the main benefit for small nonprofits- getting money from middle class/rich friends and people who believe in the cause.