If he makes less 94K a year and married he can take advantage of zero tax rate which would come into play. 

Or maybe the loan is advantageous. 

The advantage is that rehab loans are based on the value of your home after the improvements.Since Home 1 will be the quickest to move on, please DM me the state where Home 1 is located, the purchase price and how much you have spent on rehabs to-date.

There are many advantages that small multi-family properties have over single family properties in my opinion.

I had only thought to mention it in my executive summary under the category of "it couldn't hurt"

Our tools are a reflection of our ability to rationalize...This, in turn, is where the competitive advantage is.Think about it.

@Sam HendricksenMultifamily is super competitive in this area and you have a huge advantage over your "competition" with the fact that you are owner occupying as most deals nowadays hardly cash flow. 

This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.

The Midwest has not one thing that is overly amazing, but it scores reasonably well in every single category.

Specifically, I’m curious about the following:2/2 vs. 3/2 properties: Are there significant advantages to offering a 2/2?