5 lots - commercial or residential?

[Ashley Kenyon]

I've recently been looking into MFR's with the intention to purchase a 2-4plex and reside in one of the units while collecting rent on the the other units. While searching, I ran across 5 lots with trailers on them. All of the trailers are nearly new on city utilities. The numbers work, but my question is how a loan for this type of bundled deal would work? My reason for an owner-inhabited MFR was so that I could get an FHA loan. Is this still possible if I buy separate lots bundled together? Does it being more than 4 lots matter? Note: This is not a "trailer park". This area typically has a mixture of houses and trailers in most neighborhoods.