Hey @Jeff AmoreThe information you provided, in and of itself, definitely isn't enough to eliminate the possibility; but I'd need info on a couple other critical factors before I could really say one way or the other.A few of the questions I'd personally want answered are:For one, how much cash do you need to bring to the table and how much debt are you taking on?

Younger working people are just not going to have that great of a credit score, so why eliminate them from the applicant pool?  

After the first year you can get a new appraisal and pull out 80% as non owner occupied and eliminate the PMI.

There are other FHA requirements concerning which you should contact your local lender, but determining whether or not a triplex or fourplex meets the self-sufficiency rule is a good place to start as this rule will immediately eliminate many properties from your search, especially in expensive markets.Good luck!

The weakest industries in the South Bay were hotels and restaurants, which lost 1,800 jobs; construction, which eliminated 600; and retail, which shed 400 positions, the Beacon analysis showed.The East Bay’s strongest sector was health care, which added 2,400 jobs.

Reverse 1031 Exchanges are more complicated and have higher costs, but can eliminate most of the risk in a 1031 Exchange. 

So, what I will do from the examples you have given, is process of elimination.

The only way to avoid losing your money is 1. not invest it, or 2. only invest it from dealing in a good entrepreneurial manner, eliminating and managing risks to an acceptable level.

You want to be as objective as possible in your process, eliminating assumptions to the best of your abilities.

There are other FHA requirements concerning which you should contact your local lender, but determining whether or not a triplex or fourplex meets the self-sufficiency rule is a good place to start as this rule will immediately eliminate many properties from your search, especially in expensive markets like mine.Good luck and let me know if you have any questions as I just went through this process last year.