But if they don't then the only real loss is the property (and any money invested). 

I do have a Commercial Fix and Flip Program that will provide cash for the acquisition and to Rehab the property.Once it's stabilize we can secure Permanent Financing and take out the bridge loan.Multifamily has, by far, the most interest in CRE Financing world, if it's a good enough deal we can get you the financing but I refuse to make bogus promises about what is and is not possible.If you DO NOT have the cash to put down on the property there a few creative financing avenues which may be possible if you have a motivated seller that is willing to work with you on terms.The 68% occupied property would be most fit for creative financing because there is clearly something going on there with the current owner.You can look at a master lease with an option to buy or doing a wrap combined with a seller second... the only thing is that the seller is highly unlikely to accept those scenarios.Now... there is one "highly unlikely to happen" scenario where you could technically get 100% financing but, again, the seller would have to be out of his mind to say yes.It entails a Hard Money FIRST MORTGAGE of less than 50% of the "Quick Sale" value as determine by a BPO... this would serve as your down payment.

So I'd really like to hear if some members here have tried the course and made some money.

Cost Savings:By acting as your own general contractor, you can potentially save money by avoiding the markup that professional GCs add to subcontractor fees and materials costs.2.

Are you willing to commit time and money to a house that Realtors have passed over because it wouldn’t be profitable for them to spend time on?  

Will you make more money with the 4plex than what you're profiting now?

I have zero interest putting money to work in the suburbs.

You would still have your same minimum down payment requirements, so you'd be leaving some money in the deal.

Since currently we are saving money by living with my parents, I would be hoping to use my first purchase as a place we could also live in.

It's extra money again, but more likely to last longer than Formica.