-it is posted on CL, not known as a hot bed for CRE investors -if he has the 25% down ($1.875M) why does he need your measly $65k? 

I found a similar house where the flipper has replaced windows, HVACs and hot water heaters, got into the wiring and stopped.

Forced air? 

The house needed some work but nothing too crazy, and we also did some upgrades to make it more desirable to a potential tenant/buyer down the road including adding central air and converting the half bath to a full bath with a nice tiled stand-up shower to make a full master suite and a 3 bed 2 bath home.

Just don't expect it to perform as well as your calculator says.One more piece of advice...if you are investing in C- / D areas and you install air conditioning, make sure you chain the condenser down.

If not then need to budget for floors 10 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen remodel 20 year life spa, etc.

Look for updating furnace and/or hot water heater.

I am new to the website. I wanted to know what marke.ts are people looking to invest ? Single family and multi family.

I hear those markets are a bit hot, but as the old saying goes, "Live where you want to live, invest where the numbers make sense." 

I just moved out of state and live on a man made lake and this has become the hot spot of the entire state.