First, we need to establish architectural assets vs liabilities.It's basically a good-looking building with nice, large, multi-paned windows, and two good contrasting finish materials, brick and siding.

I want to get into rentals (multi family to be specific.)

What is a good app to use to track your personal Finacial?

If you find out that you can do a better deal with something else, sell the property and do a 1031 exchange for a multi-family (to alleviate capital gains taxes).

Or that our board committed all members to a multi-year contract for about $200,000 without bothering to get competitive bids as is required by Florida law?

Considering that you could probably purchase $800k-$1MM property with the equity you have, it's important to get clear on what you want to achieve.Out-of-state multi-family is probably the best bet for maximizing returns and minimizing costs.

What has everyone found to be the best areas (or up and coming areas) to purchase a multi-unit? 

Track history of success6.

Do people find it harder to BRRR with multi-plexes than SFR due to lack of comparable sales proving the increased value after renovation?

I am seeing alot of  multi family properties sitting on the market for months listed at prices that would NEVER cash flow.