In Dayton, I find most of my clients like A/B class 1-4 units because they can actually cash flow AND be in great areas.

The mobile home I would only want to keep for a few years to live in before building a new home. 

Aside from what everyone else wrote, note that adding units require various steps that you may not have considered (e.g., adding a new street address with USPS, etc.).

Investment Info:Large multi-family (5+ units) buy & hold investment in Flagler Beach.

what would you think of a 14,600sqft 3 unit property in sailboat bend, off market, that is RMM25 zoned and has a nice single family and duplex behind it, half of the lot if empty so it can be developed or RV/trailer parking, for $1.1M?

Investment Info:Small multi-family (2-4 units) note investment investment.

Number of units and other things should be considered.

As for the areas to target, my goal in getting our feet wet as real estate investors--and since we plan to be living in Sac--is to find a property we can live in while renting out one or more units to help cover our housing expenses, which we can then hold and continue to rent out when we move.

They have a 3 bedroom unit coming too. 

I am also open to considering opportunities in the Riverside / Five Points neighborhood, or San Marco, in Jax.Ideally, I would like to find a livable property with 3+ beds / 2.5+ baths, make use of FHA to purchase, and rent out 2+ rooms while renovating into separate, complete units.