I own a single family home in Socal that my wife and i currently living in.

Nicholas, if you're look at the Ohio market you should definitely be giving Detroit a look as well.I live in CA and invest in Detroit.

Although I still think conventional is the better option, I wouldn't put 20% down if I didn't have to, unless you know you'll live in/own the house long enough to recoup that additional $. 

I was able to check an old listing and it showed it as being 2 units instead of 3 and one bedroom/bathroom less than what they are claiming.Tomorrow I plan on having my pretty wife knock on a couple doors, hopefully she can talk to someone living there so we don't get something substantially different.

I live in the St.

Redeveloping into mixed use live/work/play projects has been the most common proposed solution the past few years in my area. 

BUT, I am sick living in construction and would like to move to a new home and then finish fliping and sell or hold the two homes asap.

By adopting the house-hacking method—living in one unit while renting out the others—we plan for the tenants to cover the mortgage and gain valuable property management experience.

My lease requires renter's insurance which should cover loss of use if the unit becomes damaged/uninhabitable, but I don't think renters insurance covers costs of living expenses incurred during just an evacuation.

In the case if I don't receive a new address, I'd probably send the letter to my property where the tenant was living and let USPS mail forward the letter.