If you can't manage what you currently have, you won't manage additional income from investments.

@Zach Howard there is no agreed upon Classification in the 1-4 unit market.We've done our best to logically create a system for our market, mostly based upon relative sale prices, but also using crime rates, rents, occupant income and a few other variables. 

Take time to learn through military-focused resources like Military House Hacking or Active Duty Passive Income, and connect with other military investors online or on base.

I'm trying to Figure out how to make this potential deal work.Seller wants to sell but not right away because they still use the house for some income. 

Account Closed said, income and assets are the only "hassle" with a conventional loan.

They generally treat the debt like they would with a rental and count around 75% of the gross mortgage payment as "income" in the DTI calculation.

My goal, over the next five years, is to utilize real estate in lieu of my current hourly consulting income, by building a portfolio of rentals.  

My passive income would be $262 total ($131 per unit).

I'm looking to make this part of the retirement stream of income rather than an effort to accumulate multiple properties.

A growing income stream is worth more--so I'd like to see growth so that there is a path to profit.