And with a lack of five-star communities, there's a major focus on the primary MHC market, which is much more stable in terms of occupancy and cap rates compared to traditional multifamily properties.Well, there you have it – the manufactured housing community sector is a hot ticket, with demand growing, rents on the rise, and occupancy rates staying solid.

There is variance in markets but I believe most markets are like my market with 2 primary plays 1) patience.  

So you'd be subject to that banks underwriting (in general & SBA) criteria, as well as their primary focus on businesses.  

A primary residence on a 15yr mortgage with a 3.1% int rate... a comfortable payment.

VA is for primary residence only.You can live for a year and then turn it into a rental.

In that situation, if the tenant who leaves is the "primary income provider" and doesn't continue helping the tenant who remains, the tenant who stays may not be able to afford living there. 

If you don't already own a primary residence, I highly recommend researching the investment strategy of house hacking.

My primary question is: Should I focus on buying a multifamily property and growing slowly to build a stable financial foundation, even though my area would have minimal cash flow and be more of an appreciation play?

The plan is to short term rent some rooms, or mid-term, and live in the primary until its doing so well I have to move out and refocus on a previous renovation that has stopped until this one is complete.

The plan is to short term rent some rooms, or mid-term, and live in the primary until its doing so well I have to move out and refocus on a previous renovation that has stopped until this one is complete.