@Alex U.W2 and REP status is almost impossible to achieve.

When investing OOS you need to know what you're trying to achieve through real estate and you need to source and develop a top tier core-4 team.

The minimum DSCR on a 5+ unit is 1.15-1.20 typically for these kinds of lenders. 

For my single families I follow similar rules that you mentioned, but my understanding is for apartment buildings that a cost per unit is usually used.

Well, the AC unit is about 30 years old, its shot. 

I was told that if I were going to live in the unit I should only get interior insurance.

Realize you may be better off using cost segregation to achieve greater tax benefits immediately for purchases of STVRs.

The success of this deal highlighted the effectiveness of strategic investments and efficient project management in achieving high returns.

I want to know if I buy a four plex under an FHA, claiming that one of the units will be my primary residence, can I move somebody into the unit I claim as my residence and collect rent from them without issue? 

My goal is to learn the game, build a powerful team and network with all so that all and myself can achieve financial freedom.