For elderly disabled persons who cannot care for themselves and do not have family who can care for them, they either have to be very wealthy and have planned out their assets according to pay for the care they need or will have to spend down their money and assets until they have less than $2000 in assets, then can qualify for Medicaid.  

NOTE2: "displaced single parents," people providing housing for disabled children, or people providing housing for elderly parents, can in some cases qualify as FTHB according to the mortgage industry.

Now let's say you buy a FOURPLEX......again....not a duplex or triplex, but a Fourplex and you OWNER Occupy it.....it appears you can evict the tenants (and put your own tenants in) if they (have been living there less than 5 years, are not over 60, are not disabled, and are not catastrophically sick.In section F on page 3 of the following link it states that Just Cause Protection Applies to the following..........file:///C:/Users/bgarlington/Downloads/OAK036393%20(2).pdfA rental unit in a residential property that is divided into a maximum of three units, one of which is occupied by the owner of record as his or her principal residence.

Even if you are planning to manage it yourself, account for the cost of management when analyzing the deal. 1) Your wife's time is valuable, so consider this as money being paid to her for her time rather than a "savings" of not having to hire a 3rd party. 2) You might decide that you're not good at property management and need to hire one. 3) Your situation might change (birth of a child, divorce, disability, moving for work, etc.) and you won't have time, ability, or proximity to manage the property well if at all. 4) You might get to your passive income goal 20 properties down the line and decide you want to go sit on a beach and drink Mai Tais, but when you go to do it, suddenly a big chunk of your cash flow goes away because you never factored it in from the beginning. 

I am disabled..

Disabilities from employment injuries of a young age brought me to work retirement-  but living in low net worth is horrid & I miss my daughter. 

My name is Payden Miller, I'm 24 years old and currently I'm a student at The University of Kansas in LawrenceMy wife and I are owners and co-founders of Read 'n Style, LLC, a technology start-up that will help people with reading disabilities to read longer, learn more, and get more out of their education than they would be able to on their own.I've just recently been turned on to real estate investing and I'm now trying to learn more about the subject.

The difference is that one set of tenants are mainly college students while the other is lower income tenants on disability, social security, or low wage jobs.

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Unless exempt from the fee (10% minimum disability from the VA), each veteran must pay a funding fee to VA in addition to any origination, processing or underwriting fees your broker or lender may charge to transact.