Buy a 2-4 unit property with an FHA loan (3.5% down), live in one unit, and rent out the others.

My ultimate goal is to save up enough money to invest in a fix and flip property(which my family has been doing for a while) and live in it, until I rent it out and use the equity for another home.For any real estate agents or professionals in general, how do you find consistant deals?

This has been interpreted to mean "any increase in tenant expense to live there".

If your tenant starts a kitchen fire and the insurance provider finds out it was a rental, they will deny your claim.Landlord insurance still covers the property, but won't cover your personal belongings since you live elsewhere.

In the case if I don't receive a new address, I'd probably send the letter to my property where the tenant was living and let USPS mail forward the letter. 

As I spoke to an expert who invests all over the US in sober living, he told me the best way was to find treatment centers nearby the area you want to invest.

Nicholas, if you're look at the Ohio market you should definitely be giving Detroit a look as well.I live in CA and invest in Detroit.

I suppose I could combine the two ideas and live in a basement while renting out a 2 bedroom home to a traveling agency. 

I will be living in one unit and renting the other unit out.

Taxes are calculated on the gain (e.g. sale price - purchase price + expenses, broken down fairly clearly by @Jake Baker) not just on the sale price.The tax treatment on sale of a Primary Residence vs.