I have been doing some reading on how to study a market for investing and after I read several articles I feel confident in knowing how to investigate a market but then 5 minutes later I feel lost and don't know where to start.

I later learned recognize and solve title problems and then found my preferred niches, including problem, deceased and missing inner property. 

Which also will be adjusted later.

I am not an experienced investor right now but I will be later.  

Needing a multifamily that will net at least 400-500 cash flow after all expenses in order to help save up for the next down payment on the second property 6 months to 1 year later. 

If the grantee is to sell later on, the note could be paid off and the proceeds donated.I'm not concerned at all about your "advertising" free, the intent is not to profit from the transaction.

With the amount of capital you are starting with you can do those later when you need to build more capital to buy more.  

However, if any report, disclosure or information for which Seller is responsible is not Delivered within the time specified in paragraph 14A, then Buyer has 5 Days After Delivery of any such items, or the time specified in paragraph 14B(1), whichever is later, to Deliver to Seller a removal of the applicable contingency or cancellation of this Agreement. (4) Continuation of Contingency: Even after the end of the time specified in paragraph 14B(1) and before Seller cancels, if at all, pursuant to paragraph 14C, Buyer retains the right, in writing, to either (i) remove remaining contingencies, or (ii) cancel this Agreement based on a remaining contingency.

Please let me know what questions you have and any more info you need.Here are the inputs:Purchase Price:  $171,000Interest Rate:  5.125%Down Payment:  15%Total Amount Brought to Closing (down payment and closing costs):  $22,875Gross Rental Income When Bought:  $1,050Gross Rental Income 1 Year Later:  $2,450Monthly Water Bill I Pay:  $83Property Management Fee:  Assuming 10%, but I manage this property for now, so for now it is 0%.  

@Edward B.The site is an interesting read and I saved the url to read through later - (moderators removed the link here :/).For all that is appears to be, one would have to have energy to dip into such a transaction.