PM's need to have a Principal Brokers license in order to manage other peoples properties.

@Anastasiia Greca, one thing to keep in mind when looking for an FHA owner-occupied triplex or fourplex is that 85% (75% in some states) of the sum of the market rents on all units (including the one you will be occupying) need to cover your monthly payment (principal, interest, taxes, insurance, and mortgage insurance).

I would plan to put 100% of the payments onto my mortgage to pay down the principal. 

Just because you are paying your principal off (albeit very minimal for the first 5 years on a 30 yr term), doesn't put you on the positive for CoC return.Couple of problems I see with the property, By reverse math of the -1.5% return, I assume the property's purchase price is 270k to 290k.

Hopefully, you are actively marketing (fish don't jump into the boat) and regular contact with leads who are principals and discuss your situations on these forums. 

Just pay down your principal faster.

But consider the four points below (wish these could've been indented as a numbered list but it looks like today's BP site updates aren't having it).(1) $625 of that monthly PITI goes to principal.

Are you making extra principal payments each mo th?

From the bundle of guidelines the fire marshal gave us during the last round of inspections: There are two principal types of smoke detectors:Ionization - respond best to flaming fires.  

Consider this excerpt from the legal notice I pulled from our local paper (I left out the pieces that are easily understood like 10% cash due at sale, etc ):... in order to raise the principal sum of $137,040.05 with accrued interest of $21,804.38, through January 29, 2015, with the total subsidy granted of $11,690.08, escrow charges in the amount of $1,709.14, with late charges in the amount of $1,014.40, and with fees assessed of $6,621.93 for a total unpaid balance due of $179,879.98.