Quote from @Nicholas Dillon: Hey guys,I own 2 LTR properties, plus my primary home that I rent out half of the year while I live in Indonesia with my wife, who is Indonesian.  

Usually when a landlord cannot find qualified tenants but are getting a fair amount of inquiries there's an underlying real estate problem and the qualified tenants simply do not want to live in that location.

If you are living there, then you need to weigh the benefits of having a home, as oppose to renting somewhere else.

You can probably just go ahead and live in that 5th unit, but I believe whenever you go to refinance it with a bank or what not, the 5th unit will make it require a commercial loan and not residential regardless of what the county records show the property to be. 

Redeveloping into mixed use live/work/play projects has been the most common proposed solution the past few years in my area. 

I even asked Steve, the super muscly front man for Tyler from the first free event how he got started in real estate 25 years ago… he said he started with a single family home he lived in for years… definitely was not this program.

Do you live in that area?

I lived there for 3 years but relocated to Orlando last year to be closer to family.I think Jacksonville is still good overall, but it’s tough to make rentals pencil right now.

We live in a world where PR matters to EVERY business out there.

I was able to check an old listing and it showed it as being 2 units instead of 3 and one bedroom/bathroom less than what they are claiming.Tomorrow I plan on having my pretty wife knock on a couple doors, hopefully she can talk to someone living there so we don't get something substantially different.