Our goal is to have multifamily with a minimum of two units: however, the areas above like Pueblo, CO and Jacksonville, FL are single family homes, so we can adapt to the market as long as is profitable.Also, What do you all think about turn-key investment companies, We seen a company called JAX investments in Jacksonville, FL and wanted to know if anyone used them and how was their experience working with them as well as how was the process for you.

I will definitely research the two methods you mentioned in your post.

I simply turned my heloc into my new checking account and it's been working out fine over the past year with this method.I do not promote purchasing any products but in just gathering more information for yourself on the topic of turning your heloc into your checking account and paying back the funds extremely quickly, check out YouTube "the pill method" or "replace your mortgage".Happy Investing...

This type of transaction also sets you up for legal and accounting issues that other methods may not.  

A lot of investor buyers I work with can't get over that negative cash flow and simplifying things this way makes them realize the pictures is much bigger.I would not advise anyone on doing this method of investing.

@Steve Gregory gave you a good open source method to come up with a preliminary valuation. 

Of course there's the postcarding method of trying to buy properties but has anyone taken that a step further and tried approaching people in person?

Rick Rolled - To be tricked, through any method, into clicking a link that takes you to the Rick Astley video "Never Gonna Give You Up".

Thanks Frank, My business partner is a lawyer so we will look into the legality of the bill rates/methods we use.It is surprising how the tenants think all this service comes for free and is so easy.

I'd say that Steve's method is probably a better bet, unless the apartment building is garden style where you've got access to all the doors.