These two measures have afforded me extreme unit uptime.

I would aim to get owner-occupied financing.

I'm aiming to purchase a 3-4 multi-family property and to live in one of the units to keep my living expenses at a minimum.

For long term you should measure your IRR (internal rate of return).

I might miss out on some opportunities, but it's the measure I chose.  

My aim is to have conventional, 30 years fix loan.I would like to purchase the property for cash $55k and then spend about 30k in rehab. total cost $85kthe ARV should be around $135k-$150k. 

@Lee Ripma: I am aiming at Seattle or Texas (a few areas), both have no income tax but Texas is obviously a much lower COL.

It might be helpful to decide what you are aiming for in rent (and what the local market will bear) to decide how much it makes sense to put in this deal.

A statewide ballot measure is in the works to repeal the restriction, after legislation to do so failed last month.The notice of intent compels the city clerk’s office to prepare a ballot title and summary that could be used when petitions are circulated.

I didn't measure but by my photo probably not, but not a difficult fix.One side of the house needs minor grading, the rest is fine.