I own and manage 14 single family homes, all occupied nearly 95% of the time (stable rental market in my area), and currently analyzing a deal and figured why not ask for more input from all of you!

I don’t know this market specifically to make that assumption but in my market if you’re buying a 2-4 unit property the seller might leave 1 units it vacant for owner to occupy but there’s usually not totally vacant property.

It is tenant occupied on a month to month lease.

My current tenant now only occupies 4 of the bedrooms.NumbersCurrent rent - $2500If I split into 2 units, unit 1 (4 bd 1 ba) would rent for $1800-1900 and unit 2 (studio 1 bd 1 ba) would rent for $1100-1200.

FHA and conventional loans come in a 4 unit flavor, if the borrower intends to occupy one of them.

Quote from @Terry Landon: It varies, but I think most property managers show occupied rentals.

Technically, I don’t occupy the space but I own and maintain (furnish, utilities, etc.).

Every unit is currently occupied so I have chose the unit I want to move into and need to give a notice to vacate. 

Note when you buy to owner occupy, there is no vacancy, PM, or turn over costs.  

There are also a  couple of things you could do on Airbnb to fix this, the could transfer funds from the rentals into your account, you could take over their account momentarily but I imagine Airbnb frowns upon that.I think the pro/cons are the same as any other property you buy that is already occupied.