You are likely competing with a lot of unsophisticated buyers who have money and hear owning a 4 plex is a smart investment.5.

There are several large hospitals, universities, technology startups, and a diversity of small businesses.

Transitioning to multifamily can be a smart move, but as you’ve noticed, finding positive cash flow in today’s market can be tricky. 

@Eddie Gonnella Also, when you are at such a scale, you may be able to fetch a valuation based off of cap rates, rather than a rev. multiple.So it is possible, and it is smart to think ahead in this situation so you don't get stuck with nothing if you want to exit!

With that said, a lot of people take the cost-benefit, but no one can argue it's a smart choice, just a frugal one.

I could see others jumping in, even really smart people who should know better.  

An FHA loan to force appreciation is a smart move, and with $100K saved, you’re in a great spot.

Or maybe we can do that I'm just too incompetent with technology to understand how to do it? 

@Hamidou Keita House hacking by converting a single-family to a duplex is a smart strategy, but requires careful planning.Pros: Offset living expenses, higher rental income, increased equity.Cons: Significant conversion costs (permits, construction), zoning restrictions, living in a construction zone, managing two tenants.Key Considerations:Feasibility: Check local zoning and permitting.Costs: Get detailed construction estimates.Market Analysis: Ensure post-conversion rent covers expenses and there's rental demand.Resources: BiggerPockets forums, local contractors, real estate agents.Have you researched your target property's conversion potential?

Welcome and great idea, I think the MTR space is still very smart area to be getting involved in