@Michael Allen Your group shouldn’t be in danger of being regulated as qualified investor status or regulation by the SEC.

But, everyone is too cheap to do that, and so they rely on the mortgage appraisal instead, and then complain it doesn't go how they thought it ought to.And one last nugget, using a mortgage appraisal to satisfy an appraisal contingency in a sales contract could not be more inappropriate and dangerous.

The valuation and market value of a multi family property differs from a single family and you want someone that understands the distinctions if you go that route.

The valuation and market value of a multi family property differs from a single family and you want someone that understands the distinctions if you go that route.

I am in no danger of losing the home and am not violating any lease conditions. 

Not to burst your bubble but that may be a little dangerous to speculate on right now in most markets.Now if you’re interested in cash flow then you should certainly consider the Midwest ..,.. and as @James Wise is alluring to....include Cleveland.......

I’m just still green enough (this will only be my 6th door) to be dangerous with what I know, but not be an expert.

@Jeremy SwansonJeremy, I think what you're asking for, a remote cost estimate, is dangerous for you.

What would be a good price distinction between each category? 

Looking to build connections and gain real advice if you don't have money don't invest on this as it may wipe you out quickly, zero leverage is very dangerous unless you have someone or family that can back you up.