However, the areas I am investing in I know extremely well.

Some condos and townhouses can be extremely profitable investments while others may not be at all.

Well, if you ask me, it's because humans are extremely short sighted.

Hello Everybody, My name is Nick and I am an extremely new to REI.

You didn't mention what your cash reserves are but I wouldn't recommend buying investment property until you have some reasonable cash reserves in the bank to handle any repairs that may be needed at purchase and basic maintenance over time.It also looks like you are based on Southern Cal as I am and it's important to note that the market is extremely tight right now and to buy right you have to pay all cash or at least have a substantial down payment.  

This has gone from an extremely user friendly forum to almost being unable to navigate it all now.

It's extremely simple and works so well!  

They could walk you through creating a scope of work.My opinion on college is, degrees are good but only if extremely inexpensive. 

I am extremely motivated to invest in a multifamily real estate. like I said any advice and or way of using math to calculate the profits and such forth.

While FHA is "only" 3.5% down payment, there's a 1.75% funding fee, making your cash out of pocket up front 5.25% - ignoring closing costs - whereas a 5% down conventional is cheaper upfront, lower MI, and that MI goes away eventually.The 1.75% upfront MIP for FHA is true however this is typically financed so the down payment is still in fact 3.5% down out of pocket (plus closing costs of course assuming no other credits from seller, agents, or lender).5% down conventional is extremely limited now as of July 28th 2019 Home possible (freddie) and Home ready conventional programs (Fannie) can only be used when your qualifying income on a file is at 80% of AMI (area median income) or lower which is tough in higher cost areas where the borrower may enter a chicken or the egg scenario.