@Cody L. the original design has great style, if it was me I would restore it to its former glory!

For around $500, pick up a new craftsman style fiberglass front door (HD has some in stock) and get rid of the screen door.  

Numbers can be manipulated to show whatever a person wants and im not here to convince you to change your investing style.

Not knowing the neighborhood it is hard to talk about building styles, could you do something along the lines of townhouses with the 4plex?

Some interesting innovative tech advancements are face time tour walk thrus with a licensed agent/broker, so you can tour a property from your desk or online as welll.  

To answer some of your questions, they're definitely a great asset style to go after.

If on the other hand your immersion into the hippy life style involves a simpler way of life then you could obviously get by on less but you need to concentrate on purchasing at a much faster rate.

Okay this is one of those situations where I am sure there is no definitive answer, but I am interested in seeing how everyone's management styles would address this.Abbreviated facts:Tenant moved in on 1/1 of this year, have had a good relationship with them thusfar.  

This seems like an awesome idea as I am always looking for innovate ways to generate leads, especially inexpensive(free) ones.

You need to understand costs involved, even  in a quick flip. to understand these costs you should know the marketing time, and for the type and style of home in that location.