In regard to the second one, some sellers want to be there, some sellers want to field the calls for showings, some sellers can't stay out of the business and don't think their agent is ever doing enough.If you got your license to invest and you have two sets of owners desperate to sell, the question is: did you acquire both of these properties at a price that works for you and solves the owner's problems?

Are there other options instead of FHA for acquiring a multi-family owner-occupied residence?

There are over 6000 properties so going through one by one would take forever.The plan is to buy 3 properties.  1 will be a JV 50/50 flip where I would provide all the capital and he would acquire the property and manage the rehab remotely.  

As I am almost to my goal I look to acquire my first property by the beginning of 2018.

When you first acquire a property, you should get to know your inherited tenants before you contemplate upgrading their units ... you definitely figure out if you want to keep them before  you upgrade anything in their unit.    

Brand new to REI and in the process of just acquiring knowledge before diving in anywhere.Since I live in the SF Bay market craziness, I'm looking into opportunities out of the area.I know Austin has been a hot market recently, and as such may not have much available (in the cash flow sense), but I'll be visiting there next week and curious if it's worth reaching out to a realtor there to take a look around.I figure when I'm ready, I'll probably look to buy-and-hold a single family or multi family that starts with cash flow.  

Banks make it hard for us to acquire multiple properties.Plus the buyer is subject to current interest rates from a traditional lender of a private money lender.Subject to purchase allows us to help more sellers and give the seller more for their property.Allows the buyer to close fast and does not require an appraisal or loan approval by an underwriter.What Are the Steps?

How are you looking to acquire new places to do Airbnb?

I'm looking to acquire side by sides, four plex, or small apartment buildings (8-10 unit), but trying to acquire those via mls is quite difficult to do without overpaying, as many of you well know.

I recently acquired a duplex in Sacramento, close to Sac City College.