They don't appeal to everyone but they sold for market rate.

Larger properties are more appealing to banks. 

The idea of buying a townhouse for around 120-150K and getting 1500 rent seems appealing but as of now I am all over the place and highly confused.Please feel free to suggest me any neighborhood or any realtors who know the rental  market well that I can contact to get more info.

Otherwise, giving up hundreds in the first months rent is not appealing to me.  

Louis, Missouri has some pretty high tax rates in certain areas, so I've got a third party company who will take all my properties and appeal their respective tax bills to save me a few bucks. :)No worries on being a beginner!  

I'm interested in Newark mainly because it's cheap which appeals to me as more manageable and because it's close to home. 

Auburn is also a major manufacturing and industrial center, together with Kent, there is a ton of business going on that drives up values and rents.I would guess that for the original poster, investing close to home has significant appeal and in that sense, there is almost zero chance of finding a multifamily property for less than $50K/unit in the area.

I have also been offered portfolio lending which appeals to me because the lack of seasoning period.

This would have been a wholesale for several reasons (my funds are tied up / could go commercial and might hold more appeal more to some buyers / obvious criminal issues). 

The power of curb appeal and outdoor entertainment space are often not fully capitalized on but it sounds like you're aware of the benefits.