Accounting for taxes, it's closer to $50K per year that you'd need to make.So, you'd need a purely passive 50% return on your $100K to achieve your goal.Is that realistic?

Right Steve, it's pure politics, but IMO, it needs to go to court.

Only 1 of which was purely organic search.

A lot of multifamily transactions come together purely through networking, people talking to each other.

I guess my interest comes from just purely browsing the internet and searching for alternative ways to live than a 9-5 type of job.

The Preston Ely, Kenny Rushing, Than Merril, Rich Dad Poor Dad, Sean Terry(has good podcast though), Joe Crump and about a million others that I am missing are pure salesmen.

You can then convert it to a pure rental property if you wish, no need to refinance or anything. 

Most consumers think the lowest rate equals the best option (pure social conditioning) with out looking at terms, tax implications, lifestyle/cash flow planning down the road, or even assessing the risk, exit strategies, asset protection, contingency planning etc.There are probably ton more but hope that helps point you in the right direction.I would ask for a referral and vet out the loan officer online or from past clients.

I would definitely put my money into a mixed use or purely residential apartment building.

That being said, you can skip all the above steps, apply the 50% rule (which is fairly accurate) and find that this deal is going to fall short of just about every return metric.The only reason to buy this building would be because of future appreciation, which is purely speculative and probably not a wise idea.Good luck!