If cash flow is your primary objective, Kansas City is an excellent choice.

Saw the inside a month after it closed.If you do not know the area and prices for the area, and have no one you trust in that area, nope, wait until you can afford a trip to look at numerous properties.

Its pretty nice, close to Ventura Blvd, have great tenants that are very loyal and have no desire to sell it.Here is my question to someone that can give me objective third party advice. 

Most of the books or websites I have read are long on generalities, but very short on actual numeric analysis. 

Avoid the "shiny object syndrome" by narrowing down your niche as soon as possible.

MichaelDon't take this wrong, but with all due respect, you'll need a ton of cash to buy a 16 unit property because you're not really bringing much to the table with beat up credit and no income.Having said that, my suggestion is to do what numerous people have done in your shoes and that is get the 16 unit property under contract and then sell the contract. 

If the deal is sitting on the MLS or Loopnet, chances are numerous of other investors have already passed on it. 

What is your objective, cash flow or appreciation?

The first step I always tell my clients is to look at your goals/objectives.

In my area, triplexes and quadplex are rare though there are numerous duplexes.Thanks!