How much you'll need to bring to closing will depend on your budget, how much you get in funding and then things like title fees. 

The property can be bought for about 175K and it already has tenants and brings in 2600 per month.

Our hospitals bring many people into the area, and we are going to see a tremendous increase in health care to take care of the 50,000 or more new residents that are projected to move here. 

Do something small on your own first, figure out what you are doing, and bring them in later when there are metrics to prove your concept.Also, side note on this - "will be bringing my girlfriend in who will be paying me rent in this home as I plan on living in one of the units and renting out the other/others (she will have no ownership and understands this she's not what my question is about.)" - this will ruin that relationship in seconds.

Feel free to reach out with any other questions. - Chris Kersey 

However since this is a very large yard their deposit will not cover the amount that would be required to bring the front and back yard to the same condition before they moved in. 

Problem is the rebuttal brings more attention and clicks to the bad words. 

Feel free to connect and ask questions whenever.

It feels like there is an awful lot of complexity, but I'm interested to hear what experiences others have had.

I feel the easiest way is to use replacement cost.