Thanks for any help’ Yes we're licensed there and FHA guides in one state apply to all states unless a state has a specific law that supercedes the FHA lending guideline.FHA is always 3.5% down minimum (in some cases less because you're using a DPA or down payment assistance program or 2nd lender to put down over all a lower down payment than 3.5%, Aka for instance 3.5% DPA + 96.5% FHA = 100% financing but just dont kid yourself this is fully 100% leverage and to be used with caution and carefully).In the case of 2-4 unit FHA is still 3.5% down payment @Matthew Kwan @Carlos ValenciaThere are rules regarding FHA such as:- primary residence - you must occupy one of the 2-4 unit property as your primary over 50% of the year and the underwriter needs to believe you will remain and have the ability to live in there, any deviation from this and you'll get a whole laundry list of conditions asking you to prove why you should be believed to be living or will live there (if this arises dont be surprised, it just means the UW doesnt believe you).- SS rule - self sufficiency rule - gross rents of all potential units 2-4  X gross rents at 75% needs to meet 1:1 or 100% of the monthly PITIA payment or greater.

Because it assists in the first degree of action, not being a ready target.

Operations, well, you need a PM/Sup, you need a bookkeeper, you need a good contractor, and you need an assistant to manage other stuff.

Would your realtor be willing to assist me for acquisition.

Let me know if I can be of assistance. 

@Brad Herb - one thing to watch when investing in a syndication with an SDIRA is the highly trumpeted ROI in early years via a cost segregation study and the accelerated depreciation it creates...which you'll not be able to take advantage of via a SDIRA.

Strategies like rent by the room, mid-term rental, short-term rental, assisted living, and section 8, are ways people are making it happen.

If you're accredited start researching potential syndicated deals- Some you can get in for as little as $50K; muitifamily, storage facilities, Residential Assisted Living..... 

Study the market.

Purchase Another Investment Property and Utilize a Cost Segregation Study:When you reinvest in a new investment property, you can perform a cost segregation study to accelerate depreciation.