I'm in NC as well just east of you in Greenville.

We (my wife and I) are in East Texas.

I'm in the middle of my first single family flip in East Dallas right now but really want to get into multifamily (20+ units) as soon as possible.

@Mike Hoefling I'm in the middle of closing on a duplex property, after exhausting all other options, there was no way around 25% down.

For example, there's a couple of homes in a nice middle to upper middle class neighborhood near Watauga that are going for about $180,000. .15 acres with about 2,300 square feet.I'm not sure where to begin to evaluate those properties to determine if they would be a good rental investment or not.

We're in the middle of renovating a new rental property.

It seems the lower end of the market has a better cost:rent ratio.Taking the $69K - $650 rent as an example (there are a bunch of these units for sale; they're in a complex with a lot of units for sale), let's say I bought 4 of those (although I wouldn't want to put all my eggs in one basket buying all in the same building, but this is just for samples sake)That sound cheap for the east coast of Vancouver Island.  

People first, always.I have specific financial goals but will keep those close hold.Market: Class B multi-family units in middle class areas (median income is $30-$60K) within a 30 minute drive from my house.

You collect a spread in the middle hence sandwich LO. 

If anyone has a list of properties (multi-unit) in East Chicago or Hammond please add me to your distribution list!