I am just trying to feel out how the process works and I came across the following situation and as the old saying goes (if its too good to be true...) this looks too good/easy.

Quick easy ROI as long as you have the right team that is reliable and sticks to your time frame. 

Should be easy to google up

Thank you James, it wasn’t scaring me away too much but it did have me thinking, but I feel that since I’m so early in this game I’m still dealing with that nervousness and fear at times since that stuff isn’t easy to shake off.

I think it is similar to finding good contractors, which is never easy -- get referrals from those that have actually used them. 

50k is a reasonable minimum for many banks, though they tend to be more expense. 60k is where you want to be. if your bank wont do less than 100, find a different one. easy fix. you need to get over this fear of spending "big" money, change your mindset of what you think is big. it doesn't matter if its' 30K, 300K, or 300MM, you're not making any of the payments, the tenants are.

Easy to find buyers when they are vacant.

I'd want someone easy to work with, who pays on time, and who has a track record demonstrating ability, along with a few references.For that last point- I had a 10 unit deal that practically hit me in the face about 5 years ago.

This should be pretty easy to determine through comps of similar houses, what they sold for per sqft, then do the math.2nd option, LTR. 

Its easy enough to cut a hole to get access to the attic.