I am a Field Engineer with a Construction Company in Orlando Florida and a grad student in Civil Engineering at University of Central Florida. 100% looking to network and create genuine relationships.

@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. 

These are professionals with additional training and a stricter code of ethics.

I'm no lawyer, but it send that the government is declared a temporary eminent domain of my property and as such should justly compensate for that.

This requires doing math, patience and a learning curve.

I have financed a number of STR properties and they will usually be appraised as a pure real estate as vacant value and a cash flow adjusted commercial value, sometime separated as going concern and real property.  

A colleague of mine has bought two properties owner-occupied back to back in Arlington (with a 5% rate and a 7% rate) doing basement conversions and renting rooms, lowering his effective monthly payment on each property to sub 2K each time.

It's a low barrier to entry and a good option for you, I would highly and I mean highly recommend you focus on location.

It's a multifamily property in a good neighborhood with three units and a total of four bedrooms and three bathrooms.

My partner is based out of Dallas and a lot of our clients are from the surrounding areas.