They MAY allow you to add another meter on an existing line to the house but may also require a new line to be run.

You could live in one unit and rent out the others to offset your mortgage, staying within your $4,500/month affordability limit.

I'd tell them to return it and buy one that uses the existing connection.

Rough calculations on what I need to be looking for:90k deal (purchase and renovations to get max rent)20% down = 18k from me80% bank loan at 8%, 20 yr amortization = 72k-------------------------------------------------- Here's my DSCR calculation:Calculate Net Operating Income (NOI):Monthly rent: $125040% expense ratio (taxes, insurance, repairs, vacancy) = $480NOI: $1250 - $500 = $750Calculate Monthly Mortgage Payment:Loan Amount: $75,000Interest Rate: 8% per year (0.08/12 = 0.006667 monthly)Loan Term: 20 years (20 * 12 = 240 months)Monthly Payment ≈ $627.83Calculate DSCR:DSCR = NOI / Monthly Mortgage PaymentDSCR = $750 / $627.83DSCR ≈ 1.20Therefore, with a $75,000 mortgage at 8% interest over 20 years, the DSCR is approximately 1.20

Requires some pre-planning if the ceiling height exists. 

I am evaluation America Mortgages for my investment property.

If your primary home is financed with an FHA mortgage and you can get a second FHA mortgage if more then 100 miles away. 

I will get tons of tax benefits and the tenants will pay down my mortgage each month.

Last year, on my 9 properties I had negative cash flow after accounting for mortgage payments, etc.

I've been teetering around the idea of house hacking once I am done with college, but a big issue I have come across when speaking to a mortgage broker is the fact that I need to prove 2x of the mortgage in monthly income.