:)  If you find a tri-plex for $160k, it will not be in the best area, but your concern will be the  condition of the property and is it rented or rentable?

The seller was a foreign landlord who was behind on a few years of taxes, and the property was in C5 condition at the time of initial appraisal.

Whether you should house hack a duplex or a single-family home depends on various factors, including your financial goals, lifestyle preferences, and market conditions.

There are guidelines of how long you need to live in the property and under what conditions you can move.

Then verify the lender the buyer has met all their conditions.

I want to get involved in the plans for the future, the financial goals of the owner, protecting the longevity and condition of the properties, maximizing income potential while also treating tenants like paying customers with fairness, care and respect.

As long as two conditions are met1- all participants are decision makers - so that no one is a passive investor relying on others to make decisions2- no selling, advertising or soliciting is involved in raising capitalit is also possible to qualify for an exemption from registration of a security using the general exemption for private placement.  

Monitor and OptimizeEvaluate Performance: Regularly assess the performance of your investments against your goals.Adjust Strategies: Adapt your strategies based on market conditions and lessons learned from previous investments.9.

In the end...they know that the LLC likely carries some form of liability insurance as a condition of their mortgage, thus will have some decent funds to pay out. 

If the property is in the condition that I expected when signing the contract then I close.