Listings should be truthful, but human error can easily cause mistakes.

@Katherine Earle there is a basic human reaction at work here and it can be summed up in these stages of acceptance:Stage one your friends and family will try to talk you out of real estate and tell you it is risky.

I get some of my best work done late at night when the humans and dogs are all asleep (I first typed family and dogs, but started feeling bad for separating the dogs from family).Your goals are definitely attainable, especially in our market here in Jacksonville.

We are also looking into title IV with a back end broker/dealer platform @Bryan HancockRight now the only landing page is on my profile as business.  

What are you as either Lonnie Dealers (retailers) or Community Owners doing to meet your burdens with compliance in regards to Fair Housing?

There's also a small chance that the entity as a whole could create a separate corporate structure that would act as the dealer and leave the entity free to sell to that second entity and use a 1031 to pursue other productive investment real estate.Tis a complicated puzzle that needs quite a bit of fleshing out to really see what's possible.

Face it no matter what type of business you go in or if you choose to work for someone else you will make a mistake because you are human. 

You might burn some human capital (like, frustrate your broker/banker/lawyer or the other side) if you go under contract then find something you don't like and don't buy... but obvious I'd prefer to do that than to buying a house with expensive or difficult issues.I know from experience that FHA loans for 3+ family homes can be a little challenging (they have to meet a "self sufficiency" test, where the rents for the units have to substantiate the carrying cost of the property).

Borrowers can put down anything on a piece of paper, and often times it takes the human touch to call BS. 

Pets (or humans) can always do more damage than that but the market in your area may not bear much more.