It's a fixer-upper triplex with fourth unit in the back, ~80k. the goal is to live in it and possibly do a BRRRR. probably looking at an FHA 203k or hold off and rehab it over time as i get the money, potentially using the cash flow to rehab it. 

I think deciding between a duplex and triplex comes down to two things, cash flow and whether or not you plan to live on the property.

Nothing seemed to cash-flow.

Demo the house, piut an inexpensive but clean used mobil home up, rent it out, then sell as a cash flowing property to an investor, or hold.

Sounds like you have the right flow going.

All of that simply depends upon how many people are buying me houses and that I pick the right ones that cash flow at least $300-400 per month!

Matt Siapin that's a tough price range to find a cash flowing property in OC.

It has become clear to me that in Denver you have to develop great strategies and skills for finding the duplex/quadplex that will cash flow outside of MLS listings because you won't find them there.

The property is priced ok and seems to cash flow pretty good according to my calculations.

His mortgage is just more than $1,500 right now, so there is no cash flow opportunity, even with self-managing.