who used this his entire life and build a net worth of over $1 billion by the 1980s starting with absolutely no capital!  

Your first deal is about learning, so focus on the fundamentals and think long-term, this is just the beginning of building wealth!

This is the best platform to create and build a lucrative investment team. 

Rentals was not a thought to me in those days I was a land flipper.. had absolutely no interest in being a landlord.. and basically still dont to this day :) yes I have some rentals for tax purposes but not really for wealth building purposes.

Build a local team of real estate agents, property managers, and CPAs to navigate local laws and manage your property.

.: In a prior post from about 2 months ago, Kerry Malarkey and Nathan Gesner mentioned a small landlord is exempt from FHA requirements requiring the acceptance of emotional support & assistance animals if one of the following is true:"Owner-occupied buildings Properties with four units or fewer that are owned and lived in by the ownerSingle-family homes Homes that are sold or rented without a broker by the owner, as long as the owner doesn't own more than three at once" (Quote from Nathan's reply))https://www.biggerpockets.com/forums/52/topics/1219359-pitbu...Given this, if a landlord does qualify for the exemption, what exactly does this mean? 

You have come to a great place to learn how to build wealth and income with real estate.

If you're buying it shortly and THEN after you own it will it be ready and available for rent-the costs will be capitalized and accounted for with the basis of the property as well (when you eventually buy it). 

Regardless of the type of lender you work with, building a trusting relationship is crucial.

For the mixed-use building idea, you’re right to be cautious about vacancies as a remote investor.