As I gained more knowledge and experience, I understood that everything is negotiable in real estate investment, and it starts with evaluating the properties and the underwriting templates.Understanding lender underwriting and income restrictions is crucial for success.

Just to review your suggestion, I understood as below. - Starts with 5% conventional loan for duplex - Move over to 4 plex property with FHA loan  - lowering expenses while we are on the proess.I guess the broad assumption for the duplex and the fourplex should be that both properties has to have positive cashflows.

Quote from @John Mason: @Max McNamara please do due diligence and screen:)  I do not invest in DFW   was just helping you out Understood.

(Not saying that was where you were going, but just wanted to make sure that was understood.)Make sure the custodian of the IRA (Fidelity, Schwab, Vanguard, whoever...) knows what you want to do.

I have have never understood why the two topics were lumped together on BP. 

He's an investor-friendly agent and understood what I was looking for.

I'm working to get my personal finances well established/understood, which I think will help me determine my best path forward.

Just before Judgement and a mis-understood property value.  

Understood Facts: As demand for affordable housing grows, mobile homes present an attractive entry point due to lower initial investment and high potential returns.

Public Policy and judicial bias are very real and scary.Distinction between Legal Authority and Practical Authority need to be understood also.