So far things are good.Let's bend an elbow sometime!

That's just an unusually low rate for a non-owner occupied loan.

This seems unusually low, but maybe I misunderstood. 

Ultimately if they are not serious about selling, there's not much you can do to force their hand.Prop 2: Not too unusual with tenant occupied multi-units to not want ten thousand looky loos trampling in and out of the tenants' living area.

Would it be an unusual process to just look at their properties, run my own numbers to compare to what they are advertising, and go from there?

It’s not unusual on a $100K investment to experience a min 8% preferred return or cash in your pocket of $8K while experiencing a paper loss on your annual K-1.

Your experience doesn't seem too unusual - you will receive a large number of inquiries, your job (or the property managers job) is to sort them and provide quick and clear responses to applicants on next steps (denied and reason for denial, etc).

I was also looking in the Bend, OR area and found it tough to find a place that would be cash flow positive (as I know a lot of the BP articles say is a must). 

Welcome from West Bend!

I'm 22 years old and work as a financial representative in West Bend, WI.