I own a duplex property (I do not live on site) and I'm renting out the 2 bed/1 bath back house.

With your point, it seems like living security of 'where's next' for them will be the biggest obstacle for the seller to overcome.

1.5k List 4 plus 2 1/2. 125k update no one has lived in since remodel.9737 Keeneland Row Blackhorse Community La Jolla CA

You should go through an RMLO if it is a homeowner who will live there.You are doing a wrap loan.

Each tenant living in a building has their own unique rent amount, so even if they do not leave a notation with the rent payment, I know whom paid the rent based on the amount alone.

I am still living in Chicago but plan to move to New York in a year or two.

Main goal of All In One heloc or 1st Lien Position Heloc:  Lower your daily average balance.Main Drawback: Rates are substantially higher than 60% of current 1st mortgage balances.If you are mostly living paycheck to paycheck and your money leaves your account as soon as it comes in to pay bills, this is not for you. 

I have no prior investment experience but after living in Paraguay, and reading some books about real estate investments, I think I'm ready to buy my first property.

Living in MN.

I want to buy a 1 to 4 unit multifamily and house hack it (live in one unit and rent out the others).