Parents will be giving me two single family homes. What to do?

[Glenn Irwin]

I am getting ready to move to Oklahoma and my parents who are separated will each be giving me their single-family homes. I want to start building a multi-family portfolio. The homes are worth roughly 500k together and about 190k equity between the two. I plan to live in one of the homes. How can I use the homes to get into multi-family?