In that instance the agent correctly listed as a 3 unit but there was a 4th unit in the basement with full kitchen, bath, etc.

Banks get insurance in these instances as easy as you and I stop and get a gallon of ************* milk, but even Lloyd's of London won't insure this house.

For instance, the strategy here is to acquire a performing note not a non-performing note as an NPN would have additional capital demands.  

For instance the money is tax deferred going in which is great but then when you borrow against it you pay it back with after taxed money and at an interest rate.

So it's more of an instance where you'd purchase a multi-family and live in one side and rent the other(s) out.I'm a buy and hold investor so I probably wasn't the best individual to explain it to you, lol.

CA. for instance the tax's are the same if its owner occ or non owner occ..

(a factor of 1000 missing there somewhere) Alex when I'm rich and famous like you I'm moving to Memph...

For instance, if I want to invest $100K.

For instance, if a single investor owns 8 homes in a 30 space park it could be an issue in a market where parks are competing to "poach" homes from each other.

For instance investing in South City St Louis would be much different then O'fallon.