I am not trying to grow into that business model and have to do XX volume to stay afloat. 

If you aren't willing to drop money on a couple mailings that basically have no chance of bringing in a deal then this business model probably isn't for you and the course will not give you a rock solid, step by step turn-key system.In my view, the biggest newbie pitfall is inaction.

The business model to develop Community Association Manager (CAM) licensing legislation (and other HOA legislation): 1) legislators consult with the Community Association Institute (CAI)) to craft a Bill aimed at mitigating abusive practices of property managers who are the very folks the CAI represents 2) CAI lobbyist and their CAI “dependable” legislators become Bill sponsors 3) the Bill is assigned to Committees with CAI “dependable” legislators 4) the Bill becomes law with little to no home owner input, full of promoting CAI interests, and heavy on fees and costs and processes imposed on CAMs and 5) the Department of Regulatory Agencies (DORA) implements licensing rules highly reflective of CAI efforts but fail to even contain explicit language for CAMs to obey State law or an HOAs governing laws or for CAMs to report observed violation of the law thus ensuring oversight is empty from the home owner’s perspective.

If I can find consistent small multifamily deals is there enough of a market for them to be sold quickly? The reason I ask is most people stick to sfh. Thank you in advance for any feedback.

I did it myself because I  worked a summer for a tree removal company and had seen the operation dozens of times.I would recommend a model that moves the head hydraulically, not the smaller hand operated ones.

The net in the financing model is simply arbitrage.  

Granted we're model renters, and not part of the 1% of renters who might just turn around and try to claim tenancy. 

Do you think your model would work in NYC,SF,LA?

You can prove this to yourself by trying consecutive models at 100, 250, and 500 dollar price points.  

NOI, cash flow, ROI, Cap Rate, COC, etc.Whenever I plug the numbers of anything I can find into the spreadsheet with all of these financial models I come up quite short.I live in Montreal and it doesn't seem to be that easy to find the right property in Montreal that will provide a good enough Cap Rate or COC.Basically we need to buy a house or condo at under $100K with net revenues of around $1K/month.These types of properties just aren't available in this city where housing prices are much higher.