But this year I tried them for 2 months a $1700 a month and got diddly squat as far as closing the leads were total garbage.

Naina,If I understand this correctly you qualify for a 1.5 mil loan, and have 750K for a down payment for a total purchase price of 2.25 million dollar property.

I am a total newbie at real estate investing.

As I think I have a way of using private money lenders, to loan me the deposit to buy an owner occupied duplex, on pretty favourable terms but I'm unsure how to structure the rest of the financing and I'm just looking for some clarity.I believe I can borrow around 20% of the total to get a solid deposit down and then my question is, do I then go to the bank on top of that for loan for the mortgage?

(So a $50K mortgage on each property for a total of $100K borrowed.) 

The best estimate thus far was about $125k total for the unit.  

(He was on podcast #260) I totally was blown away by the way he did the role playing negotiation at the end of the podcast and decided to buy his book.

Total interest would come out to $56k over 30 years.

Also, i would budget for only collecting about 75%-80% of the total water/sewer bill because like rent, tenants don't always pay their water as well.  

A List Broker can help you find a list of Multifamily Home Owners.Here are some list statistics for Tulsa County:1211 owners with 2-4 unit homes with a total of 1,660 properties in the county618 of these owners are age 60 or older1392 of the properties have a home market value under $200,000867 of the multifamily properties were purchased more than 10 years ago