Lastly, when looking at potential investment as a new investor, I would keep it simple and create a budget based on actual cost instead of hypotheticals.  

Business cards are the last century's way of doing things.

I have purchased a house last month and moved in (partially) and stumbled across someone who needs to rent a place in town for a few nights a week. .. 

I've made several posts in the past where I was looking and making attempts to purchase my first property that fell through due to issues found during inspections or not being able to come to terms I was happy with...The last one I found actually worked out and I closed on it a month ago.

You used to have to get a contract change form to the asset manager along with proof of funds but in the last couple of years the have not been requiring that.

The last 5 years I have been a Forman for a bridge building and excavating company in wa state.

I have been taking care of my Mother who has Alzheimers for the last 10 years.

I'm 9 days away from my 30th birthday and after having a few jobs within the last few years, I'm feeling the pressure to make the "right" decision.

I think the agent simply took market rent, applied them to all units, and used one of the R&M rules to come up with his number2. property manager listed no rent income for 6 months straight and suddenly for the very last month on paper there was an income of about 2800 dollars. this made me doubt if the entire income and expense reporting was accurate3. owner did not provide tax or insurance numbers - the listing agent estimated them...I also heard from the selling agent that one of the bigger units will be vacant from next month, due to eviction of tenants from rent delinquencies The owner is out of state and seems clueless on the operations of this building.

Multis can still work one of my Ventura Properties is a Triplex I bought last year it cashflows very well things have tightened up since then but if you look hard enough you can still find cashflowing multis.