I don't see a ton of multi-families, but it looks like there's a 6-unit in Huntington WV for $100,000.You can tell the lender that you are looking for multi-family properties for $100,000 and up with a 12% cap rate and a minimum 20% cash-on-cash return (or whatever you determine your criteria to be) - and if the deal is good enough your investors would potentially be willing to spend up to $(fill in the blank).

But on occasion I come across a wonderful agent or broker and so we can work together.  

I have thought about this on a couple of occasions but the long holding period compared to SFH flips + my lack of expertise in managing rentals has put me off.

My family had used the general contractor in their homes on many occasions, so before I even called him I could see the type of work that he's done.

is to have a comprehensive operating agreement drafted, with some blanks for names and numbers, and let your 'investors' review that.

She was without electricity for 1-2 days on two different occasions. 

I'd want to get all this info printed, with blank spaces & checkboxes, on little cards maybe 3x5 sized, and hand them out after shaking hands and introductions.

@Arjay Vergara - It will be challenging to fill in all of the blanks without knowing what lenders in your area offer as far as LTV, cost, etc.

That's not even taking into account the looses the Stock Speculators take.That's when the "Powder Dry" "Keep my feathered numbered for just such an occasion" people come in looking for "Deals" on the cheap.Lets see how the Fannie Large Multi-family loans go--they are supposed to be "Toughened" against this scenario compared to the last crash by added requirements.

In fact, if you examine Michael Blanks, Brad Sumrocs, Rod Kleifs, etc for apartment syndication, they are largely the same model.