Some properties are purpose-built for income restricted residents which could include everything from voucher tenants to folks paying the freight themselves but meeting specific household income limits. 

Working with him remote was a breeze and he gave me a comprehensive report with tons of photos.

Cross reference with actual pulled docs to see how comprehensive their data and datasets really areSo far, my findings are exactly as you've mentioned and, more so on, "The primary limitation being what data is actually recorded".Thank you Sean!

You'll want to look at your local housing ordinances because they may have limitations on the number of non-related tenants that can occupy one household. 

I make decent money at my job, a little above household average, but I needed to make more.

The home has an extremely comprehensive warranty for the first two years and I had the crazy thought of just not saving for any other expenditures for the first two years in order to save the cash flow from the home and money from my 9-5 to buy another home.

Start by running the numbers through a comprehensive rental analysis calculator (the one on BP is great), and get a picture of what your real cash flow picture looks like after you account for *all* expenses.I don't know what market rent is in your area, but if you have one or both units at below market value, you should definitely find a way to increase them.But, my gut says this property is still going to struggle to cash flow.

Now, we are definitely going to get a real estate attorney's help, but I wanted to prepare ahead and think of all possible scenarios to be included in the agreement so we can have a productive and comprehensive discussion. 

You need to refer to the new CZO (Comprehensive Zoning Ordinance) and determine the current zoning as well as the future land use zoning.You can look up the zoning here:  http://property.nola.gov/

What I mean is - our annual household income suddenly increased overnight.