The main distinction is access to worthwhile deal flow.

I found one property that's coded as a single family house but it has three distinct living areas (3/1, 2/1, 2/1) with three kitchens, living rooms, bathrooms.I've seen some posts in other cities that if it's owner occupied, you can generally rent out other area(s) without a problem, but you can't rent more than one unit if you move out. 

I did smell homosote (it's a building material that has a distinctive smell - it's usually used for tack boards or for sound deadening board).

Hello everyone, how can I find a good attorney?

I'm curious if there is any distinction between having the numbers like that vs just having 857 Pasley Dr with unit A and unit B.

A technical but highly important distinction. 

Your writing style is distinctive, as is your confusion about what it means to have a portfolio and your inability to comprehend what a cap rate is and is not.

These are both very important distinctions.  

You will have 2 distinct and separate loans against a single collateral.

Also, I’m going to focus on FNMA guidelines as opposed to FHLMC – there are subtle differences, and in some circumstances a FHLMC loan might fit your situation better, so be sure to consult your Loan Officer.FNMA has 2 distinct sets of guidelines.