The answer is yes, but it is generally found when the owner is also living in at least one unit (aka "House Hacking").

I’d like to start off by house hacking a multi-family unit. 

If the current tenant doesn't want to stay at that rate, the current owner has no problem with me replacing him with a new tenant.8-12% is the property management rate according to Google in my area, but I plan on managing these myself until I have an amount of units that makes sense to have my Realty Team manage it.Owner needs cash, which is why he is starting to sell off his assets.

The second case was a commercial property (an 8 unit multifamily in a complex of 6 individual 8 unit buildings), owned by a group of investors.

The law does NOT apply to landlords:With less then 5 rental unitsThat live in one unit of a duplex and rent out the other unitThat rent out rooms in the home they occupySo, landlords can no longer state in their rental ads, "Section 8 not accepted".The reverse is also true, "Section 8 only", cannot be used.We've always recommended screening S8 tenants the same way as cash-paying tenants.Landlords waiving application fees and/or security deposits only for S8 prospects may also be violating Fair Housing.

I am thinking I should use a DSCR loan. can anyone help me with this process Hi Diandre DSCR loans are typically meant for 1-4 unit Residential and 5-10 Unit Mulifamily/Mixed-Use.

. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000. 

Go to small local/regional banks NOT national ones.

Else, move to a smaller unit or take in an extra roommate.

The local economy is anchored by institutions such as the University of New Mexico (UNM), Sandia National Laboratories, and Kirtland Air Force Base.