You’ll have to do what investors did before the Great Real Estate Crash:Evaluating 100 properties, to identify 10 to make offers on, in the hopes one seller accepts.- Yes, this takes a lot of work!

If you can get the units up to fair market rent over the course of 2-3 years while house hacking, the numbers can still make sense 

Keep detailed records of all materials, labor, and contractor invoices.Trusted Team: Even before making an offer, having a CPA who specializes in real estate investors review your numbers can help structure deals efficiently and anticipate tax implications.

There are a few things that can help it +/- based on property type alone or number of units.Building moderate or even using Modular versus Manufactured for example can be a huge difference in future equity and rents.

What kind of return would you want if their was a guaranteed monthly payment made from GOI so you arent waiting years for distributions but can have a monthly payments with lump sum at the end with refinance or sale?  

We have zero way of knowing what your costs are going to be, until you pick a specific property.

Jason is essentially the Rex Kwon Do of real estate negotiating.Honestly, you can get 10x the negotiating education by spending an hour on John Martinez's YouTube, BiggerPockets or any number of $20 books.

It's too risky on account of you being new and not knowing what you don't know.

(It shut him up but I was getting dirty looks for a number of months.)That being said you need to be VERY clear as to what you are looking for and where you want them looking.

Focus on what you know.