Properties within my realistic budget would be in the $500-600k range or less.Portland, OR is one of the cities I'm interested in, but after looking for Multi-family properties on Trulia, Zillow, the MLS, I haven't found anything that comes close to passing the 1% test.An example of typical numbers I've seen have been $500k for a multi-family unit in areas where 2 bd units rent for ~2k.

These areas can be severely limiting in terms of changing anything or trying to adhere to a reasonable budget.

People from the colder stats like Michigan, Wisconsin and areas like Canada are fed up with all the snow.In fact, the Arizona Sun Corridor is projected to increase in population by a whopping 6.6 million by 2050 (as long as we don't run out of water.)As for where to buy, it really depends on your goals and budget.

If it's older then I'd budget in a higher number (say 10%).I don't know market rates in your area, just be sure $900 is accurate. 

I would budget about $20,000 for plans, structural engineering, and civil engineering and about $40,000 a unit for city fees.   

Where I was doing this we budgeted $3,000-$10,000.

He oringally wanted a multifamily but couldn't find one in his budget so he decide to house hack. 

My budget is around $15k, thats all i got.

Took a quick look at the report @Ralston Grose , I see you're budgeting out money each month for expenses such as repairs, capex, property taxes, etc. but why is there a 29% miscellaneous expense on top of all of your other projected expenses?

Good idea for a thread @Jonathan DempseyI did a budget DYI house hack a couple years ago that was both a miserable failure yet still a win all the same.