If you consider wholesaling the property, run the numbers hard before you make an offer to the owner to make sure that you leave enough room that an investor would be interested. 

Details: North SJ, near the future BART station, town home, 2BD/2.5BA - 2 master bed rooms, low HOA and well maintained, near future developments and another town home complex to be built nearby, ~1100 sq. feet, decent school district (Piedmont High School, 4/5, 10/10 on Redfin), 1 car garage and 1 carport w/a private patio, close to Target and other shopping areas, laundry downstairs and in the building.

Additionally, unless you have no other income, I don't think you would be able to make the case that your room rental is 'active' income.

Any advice is greatly appreciated.David,Here's what I do for my multi-family buyers:Yes it is hard to estimate for maintenance because of a lot of variablesBut I know its expense is less for more units, for things like 16+ unit buildings, onsite maintenance room for storage materials, onsite employees use less hours to do work ordersSome entities even volunteer their residents to pick up grounds, hence minimizing your maintenance costsIf hdsupply.com accepts your account they specialize in multi-family buildings and you don't have to use man power for delivery or pickups And yes, you can do analysis paralysis but it might help you the bank's formula DCRThe 1031 buyers look at expenses differently Yes there's a number per door, e.g. if the units have been neglected you will spend at least one month's rent in turn ready unit expense    An organized well lubricated team should turn ready units in 2-3 daysPay close attention to the human factor, i.e. low self-esteem employees who will take longer to turn ready units or do work orders with poorly workmanship, theft, etc In capital expenses, concentrate in a few and more expensive to start with, AC, plumbing, electrical

It was perfect at the time, great deal, 2 blocks from work and had room for renters(house hacking!!!

The $ you'll have in the stabilized property should be less than the current market values which gives you some room if the market then takes a downturn.  

It has a common entrance with four one room with private bath on main floor and four one room with private bath upstairs.

I think there is always room for sharing info if you're honest and polite, but what would make a landlord willing to show me properties? 

lolThere is a lot of room to increase income and decrease expenses, but I only buy based off current operations, and I made that very clear to the seller.

I’ll take it…there is a margin of safety here and room for miscalculations and errors.