Hard to say for sure but I'd expect a 2BR to be well under a thousand and even 3BRs probably just scraping that level probably in the $900 range.As I said without the address it is hard to say but I did just to a rentometer search around an address for a listed 4 fam that is asking a little over $200K and it gave the median for a 3BR as $850.  

That ain't fun if you've used your money for deposit, waited 3-6 weeks for court date only to have Johnny come lately snag your deal.In my state, CA, the underlying document you would want to review to determine level of powers in referred to as Letters Testamentary.

I flip full time in Denver, and have never sold a property for more than $300k ARV, my initial thought is you might be swinging a little over your weight class.  500-700k is a whole different world and a ton of experience and detail above the entry level houses in/around Denver.  

I think once you start the leg work you will run into a mentor that will help you get to the next level.

Spend $6k and get a whole new level of prospective tenants?

 :)Finally on a practical level...

The deal flow, creativity, brainstorming and ideas for the future were at such a high level that we had a tough time calling it a day before midnight every night.

Let's get all of the stereotypes out of the way.  Yes, owning affordable/low income housing is more challenging than your typical A or B class property, you will experience more repairs, turnover and maintenance.  How...

I've been wholesaling for about a year, and have done a handful of deals.I've learned a lot, but I'm ready to take my business to the next level, and make a true business.I getting pretty tempted to sign up with a mentor/guru.  

I have seen how well they have helped him in life and want to take my own investing to the next level by buying larger multifamily projects.