You can't afford to go off second hand information.

In the past five years, as affordability has become more and more difficult at the south end of the island, buyers have been making their way up island towards Nanaimo, Comox Valley, and Campbell River.

The mortgage on this would be pretty affordable, it would be probably about as much as we would spend rent on living close to campus.

Any good recommendations for affordable fourplex insurances in TX?

This was a nice little house that was affordable in an area that was appreciating at a higher than average rate.

Charge $5 per shower and keep the showers clean like truck stop showers.Maybe hire some (Local) comedic entertainment singer once a week like "Leroy Troy": https://www.youtube.com/watch?

6) Can I afford to buy this property outright without financing it at all ?

@Zac Lindquist I have talked with a lot of investors that are in a similar situation as you; they live on the west coast where prices have inflated to the point where they won't be able to cashflow very well if they can even afford the property but they have all this equity built up in their primary homes.

All they will be concerned about is if you qualify for the loan, can afford the payments and the property appraises.Jump in head first and go for it! 

But that could be off by $20k, can you afford that?