Ideally, I am looking for a cheaper multi-unit like this or I would be willing to start out with a cheaper single unit (<$300K) if it can generate cash flow.   

All,What is the ideal cash flow per unit for a specific % of down payment?

Have a good exit strategy and remember you are more likely to sell to investor vs another owner occupied.You can do with a SFR too, and just rent out some of the bedrooms.

You can post, just remember that images sell. 

It shows your brain is functioning properly now, and with repeated offers and purchases, your cortex will remember past experiences and now it will be able to compare your 2nd, 3rd and 4th purchases against previous ones.

Remember with cap rate, you buy high and sell low.Along the same line as with @Greg Dickerson's post - primary markets and class A properties will always command LOWER (not higher) cap rate when compared to secondary/tertiary markets or B, C class properties.

I work part time as a Head Lifeguard at Carpenter rec center, so not a lot of income,,, like 12k a year if I remember from last year.  

Long-term tenants are ideally, but never bank on it.

Ideally, your rents will cover most/all of your expenses which will lower your cost of living and accelerate your savings rate.

Ideally you're hitting those areas with it when they are exposed (prior to covering or painting).Another thing you can do that will help while you're gone is to buy one of those ozone generators from amazon (under $100) and let that run overnight and ideally for multiple consecutive days when you're away.