Net income = $39,240Monthly operating expenses are as follows: Trash - $33, Landscaping/yard - $66, Electric - tenants pay, Water - $95, Maintenance $87Monthly taxes about 3KSo, gross expenses are at $41,064If I'm doing the calculations correctly, my net operating income is -$21,888 and cap rate is -3.4%.Obviously the current numbers look terrible for this investment, but I feel like the rent should be raised significantly based on comps (above 2K each unit). 

If it's a 2 to 4 unit you're looking at 70% and 65% respectively.You're going to have to find a Non Qm lender, Portfolio lender or private lender to help you out on this one.

ive been mostly looking for conventions but everything ive found is along the lines of "Grant cardone featuring david goggins panel; buy your tickets for $400 and network like never before" - anything more aligned/tailored for local investors? 

Recently, my city adopted a by-right ADU ordinance which I think opens a great deal of equity-building opportunities in the urban core with new construction of such units on existing residential lots.

@Alex Jacobs the more bedrooms the more potential income.DPA programs though, are usually limited to single unit homes.

Are you planning to house hack a single family or a 2-4 unit? 

I've been reading and learning a lot and decided to get started in this by buying a duplex and living in one unit while renting out the other.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I understand anything above 4 units will require a commercial loan.

Investment Info:Large multi-family (5+ units) buy & hold investment.