Some investors have lower risk tolerance and might not be the right fit for someone new without a track record.

The only issue I encounter from time to time that may exceed some people's capability is a broken or rusted out mounting flange.

What are you capable of? 

Not all attorneys are title capable.

Part of me wants to jump into the 4 unit and get on the fast track but it is an area that is less populated then the SFH nevertheless I know it can still be rented there. 

The business is this:PROSPECTING, which leads toAPPOINTMENT SETTING, then toCONTRACT SIGNING.each step needs Mindset, Know what to say and How to say it.start with one PROVEN strategy and Prospect 2 hours a day and do 2 open houses a week for 90 days and you will have momentum.i don't know if you need outside training because I don't know what training is already provided. track your numbers too. 

You can get a good 8-camera wired system, HD resolution, night vision, motion spotlight, DVR, online upload capability, for about $300.

Asking price: $365,000ARV: $540000 (10% discount)After Repair Value (ARV):540000City Evaluation419,100Cost of Property:365,000Estimated Repair Cost:135-165k (50% more)Cost contingency (8%):14400 - 17600 (doubled)Total Gross Profit Marginnegative $7600 - $25600 unless you have a track record of success to offset i would start with way less rosey numbers and then adjust from there. on reviewing your numbers it seems very optimistic without much room for error. 

You are on the right track looking to invest in the 1-4 unit space.

Are folks using a good ol' spreadsheet to track the numbers associated with the rentals?