New Investor Multi-Family Renting/Flipping

[Joshua Nguyen]

I have been spending time looking for property and found an interesting place in New Orleans. The place is currently considered a Duplex with 2 shotgun style layout on the upstairs of the property. The downstairs used to be 2 separate units but it was flooded (I think Katrina) and it has been gutted to the studs.

I am wondering is it possible to rent out the 2 sides, say that i am living in one of the bottom units and work on fixing the bottom place.

Any tips or help is appreciated. This would be my first property