I read these PPM's and the business model is all the same.. some type of cash flow generated by rents.

Both sides are now rented out, so it is now generating some cash flow.

How important is the domain name vs. content I generate on the site?

If you rehab it, what will it cost, how much profit will you generate and what will your margins look like?

You can gain some time on your purchase if you want to go under contract before your sale occurs by using longer due diligence periods, or extended closing dates with additional earnest monies down (if you use your own funds for this they can be returned at closing so only the exchange proceeds go forward).You can also generate some wiggle room on your sale by pricing and evaluating offers that come in.  

I can save money from my job and I plan on saving all of the income that we generate from these units until we have about $10K saved up for emergencies, and then the rest would go towards another rental.I was thinking the same thing, in the beginning it won't be a problem to manage them ourselves but when we get too many units eventually we would probably want to hire a management company.

So really there is no way you can be charged for generating a mortgage as the credit isn't even tied to one home though in 99% of cases the tenants will use it towards their current home.

They are both very responsible and would make great homeowners, it's the down payment in their market that has them stuck.I posted this on Facebook and got lots of feedback on the NOW generation spending too much money on non-asset-backed items and experiences.

She will make a huge difference, especially when you work two jobs.As for finding buyers, it depends on what the buyer would buy.But a few sources to find buyersBandit signsDirect MailPrevious sellers (who in turn buy from you)online lead generation (various strategies)Social networking (a part of the previous)REIA groupsconversations with anyone face to face.Talking with business ownersGeneral mail advertisements (an entire neighborhood)referralsthe list keeps going on.

I have the option of buying a 4plex at 94,000 (Cash) that's generating 1,460 a month and 17,520 gross yearly.