Sure it has potential for cash flow, appreciation including forced appreciation, tax benefits, mortgage pay down but in most markets it is the leverage that accounts for the significant return.  

I know that California markets are so challenging to invest in for cash flow (which is what I am looking for as a new investor).

How fast or slow that is depends on your market and price. 

Right now I find that I can easily find properties but have been finding difficulty showing proof of funds making people  willing to  wholesale their properties.

The performance of your particular asset... real estate markets... lending markets... interest rates... general economy... 

Hey everyone, looking to network a bit in the PA market, mainly interested in small multi family in the York area.

This could also mean making decisions that allow your business to operate independently from restrictive partnerships, heavy reliance on a single client, or dependence on specific market conditions.

I found this deal off market and found agreeable terms with the seller involving a midterm lease during renovation.

They may come up but understand that rental rates are generally well below market (hence the discount) and these deals are largely off-market if you're able to find them.

Hopefully along the way your properties appreciate, you pay down debts  (mortgages) from operating income, and you get market appreciation on what you can rent each unit for - giving you more income each month.