I know growing a buyers list is cheap and relatively easy, just takes time and effort.

Like all sales related businesses it's all about numbers, the more people you can reach out to the more likely you are to get a deal.

So I found on the county website this...R-6 These districts exist for the protection of areas that (General Residential District) generally contain older residential structures, some of which were originally large single family dwellings which have been or may be converted to rooming houses or multi-family dwellings, and others which have been built on relatively small lots.

If a MFR produces 10k of operating income and is valued at a 10% CAP rate, the value is $100k.Assuming the CAP rate holds relatively constant, the value won't increase until the cash flow increases. 

I've got a buddy close to your age, bought a duplex south of USC about a year ago.

NYC uses a magic formula (statistical analysis) to figure out how much your property is worth based on comparing size, style, and age of your unit with your neighborhood. 

It's a little bit of a gamble, but if it's a relatively small volume then you have more possibilities.Is there anything stupid about this strategy?

Property tends to be older in age for the low price and needs constant work.

I feel like we got a great deal, but then again, that's all relative, but unless there is an act of God, i'm sure we will come out cash positive every month.Point being, yes, use the time away from home to listen, read and learn as much as you can. 

I'm trying to find an easier way to track mileage to and from my properties and I can look through my location history on my phone and see exactly what days I drove to them. What I haven't figured out how to do is get...