The T-12 NOI is $125,828 and $185,034 with Pro Forma data.Please have a look at the offering Broker's projections for the T-12 and Pro Forma data, which I think is reflected in the snap shot below. 

Shows how long it takes me to think up something decent to say. 

One last question, I know there MANY of great deals out there off-market and my county provides a pretty decent process for viewing Probates, which I can then cross check with the Property Appraisers Office (don’t worry, I won’t be handing out cards to families of the deceased that I’m investigating).

One last question, I know there MANY of great deals out there off-market and my county provides a pretty decent process for viewing Probates, which I can then cross check with the Property Appraisers Office (don’t worry, I won’t be handing out cards to families of the deceased that I’m investigating).

@Tim HermanI have tried that and if my loan amount is more than the Purchase price it shots out a number showing negative in the down payment category.

I know it's a long shot, but I'd appreciate any leads.   

@Charles Elliott it's such a great market in Colorado Springs you should be able to get decent cash flow and build equity if you rent it. 

However, multi-family deals in decent areas get sold almost immediately after being listed (not only in town, but surrounding areas as well), and most of the single family homes that will cash flow well are much older than I would prefer.My question is, should I continue to sit on cash and wait for/pursue more multi-family deals, or should I buy what I can with what I have at the right price in order to start getting a return on my money instead of letting it sit in a bank. 

I live in CT so multifamily properties are mainly between 200k and 400k for anything decent for multi family to live in with a baby.

In my market you can find a decent 3-4 unit with that type of money for your down payment and still have a little left over for rehabs or reserves.