It has its advantages and disadvantages; however, there is an abundance of 2-4 unit properties. 

I have thought about buying a four plex and claiming one of the units will be my home to take advantage of a lower down-payment.

No need to reinvest.  1031 exchange - Only for investment property -requirement to reinvest in new investment property -profit is tax deferred indefinitely.And if you're fortunate enough to meet both sections (property currently used for investment but you've lived in it for 2 out of the previous 5 years) you can take advantage of both!!!!!

This is a great place to learn and to connect with people so take advantage of all the great resources.

If you're a first time home buyer ideally you'd want to take advantage of some of the FTHB community bank mortgages.   

So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.

This is a great place to learn and to connect with people so take advantage of all the great resources.

This is a great place to learn and to connect with people so take advantage of all the great resources.

I put it under the “give them another chance” category. 

Where can I get information about investing out of state and learning the differences and advantages?