I own a 4plex there and I have one unit that has been vacant for about 4 months now and this seems on the high side of vacancy time.

If you are talking about 2-4 units, then it's really no different in my opinion.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

I've seen VA loans close with backend DTI ratios in the 60s and low 70s.VA loans can be used for multifamily purchases with 0% down as long as the veteran will live in one of the units.

I am showing 2-4 unit properties all the time here in Phoenix and I can send you the recent closings and listings I have been working on.

We are currently building the house to be a single family home, but the main house could be split into 2 units and there is already a 'mother-in-law' suite completed.

Investment Info:Small multi-family (2-4 units) fix & flip investment in Pope Valley.

Just curious, could someone purchase, say a triplex, using a FHA loan, rent out two of the three units, retaining the third unit for yourself, but not actually live in it?

Quote from @Jared Goldwasser: I live in Los Angeles and am looking to purchase my first investment property this year -- interested in single family or duplex units.

I spoke to another guy at a conference who used to build 1-3 units before doing commercial and he said he wishes he still did the single family because it generates a lot of cash and is pretty simple.