Will all of your vendors take a credit card as payment?

I have enough saved for FHA loan down payment on a duplex up to 500k. 

And use the other $50K as a down payment on a $250K property. 

House hacking is an excellent strategy, especially with the potential to use an FHA loan to secure a property with a low down payment. 

Unlike the Bay Area, at least from my experience in Sacramento, i don't think the difference in down-payment from a duplex and tri-plex is that significant.

Its great that the seller is will to carry a note in a seller 2nd as well, that will help reduce your require monthly payment with the right lenders.

Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!

If the business sells (it’s currently listed), the rent payments would stop, but I’d still own the property as an asset.

I have a W-2 Job, capital saved up for a down payment (or two), and a buy box based on my affordability.

I would strongly consider building equity to make a stronger down payment and further decrease your monthly cost.