If your goal, like many wholesalers, is $10k or more a deal, then yes, the market is much slimmer and you're working hard to make the numbers work and find buyers.

-focus on Inland Empire where I could basically do exactly what I want to do which is do light rehab and flip on the really good deals I get and wholesale the slimmer one's for a fee-move to Phoenix and basically have the same strategy as for Inland Empire.

This gives you a leg up on your competition as you can turn a profit on slimmer deals than they could.Networking.

Slimmer than I like.Cap Rate Analysis: If I add up all the rents, and subtract all the costs, take the net with vacancy and maintenance, and divide the total NOI at 7% cap rate, I get a value of $166.5k per building.  

Therefore, the likelihood of selling it to someone for a favorable price is much slimmer and the margins are much tighter than compared to SFRs, at least at first glance.So I guess what I'm asking is, what is your experience with small multi-family properties and have you dealt with issues like this before?

Many folks are pulling the trigger at slimmer margins. 

The first year may be slimmer than you would like, but you should make the investment based on what you expect over a 5 to 10 year outlook.

We have so much new construction and many builder are doing spec homes, so they want the upgrades builders don't offer, semi custom home buyers want high quality upgrades, most flippers can't keep crews busy enough (right now) due to low inventory, but margins are slimmer, builders need construction managers who typically handle 10-12 homes in a community at a time, small investors need site built homes and on and on.We have been very underserved for many years, so get licensed and hit the ground running!

Biggest concern is settling for a thin margin on a retail priced entry level deal which could knock me out of the game, particularly on a (relatively) low dollar value investment where margins will be slimmer to begin with. 

If they don't have love, some stability and support, healthcare, proper nutrition, education; chances are slimmer and slimmer they'll get out of the rut their parents might be in.