Quote from @Sateesh Kumar: Hello,A relocation to CA bay area seems imminent due to job and therefore selling an owner occupied triplex also seems imminent.

This is a great option, but you are still limiting yourself to investors who want to buy an already occupied home.

Now in you had a loan at 80% LTV (typical max leverage on non owner occupied SFR) then you only had invested $20k.  

I can think of buyer-type: flipper, owner-occupied, STR, Buy-and-Hold LTR, rehabber, wholesaler. 

.- Peace of Mind: Knowing that your property is occupied by trustworthy tenants who have undergone rigorous screening provides peace of mind.

There is very low owner occupied rate.  

I plan on doing long distance investing since I’ll be deploying to Japan soon! 

@Matt DornakWhat is the specifics- If it’s selling a property to buy another there could be programs that work but other than that, no owner occupied loan to delay financing

If the property is in compliance with zoning and is 1-4 family it may be financed as an owner occupied or non-owner single family attached dwelling.

Annual registrations, point of sale inspections, turning a blind eye to the most awful owner occupied housing while being overly strict to investment properties, courts that continue to drag out the eviction process; excruciatingly slow, laborious, and expensive permit processes; evictions that continue to be granted one extension after the next... these are the difficulties you run into in those cities.