I'm looking to buy a six-plex property in Watertown, NY, priced at $425k.

Would you be willing to buy a 4-plex and live in one unit next to tenants?

One strategy that has worked well here on the coast is mixed usage plexes or combo of LTR, MTR, STR. 

I'm looking to buy a six-plex property in Watertown, NY, priced at $425k.

Short-term sacrifices and delaying gratification will bring you abundance later in life.Definitely take advantage of your first-time home buying benefits and consider house hacking a duplex or 4-plex.

I want to know if I buy a four plex under an FHA, claiming that one of the units will be my primary residence, can I move somebody into the unit I claim as my residence and collect rent from them without issue? 

I had clients in PHX with 4 plexs that went 100 % vacant stayed that way for over a year and clients owned 3 or 4 of them.. these were professional A plus borrowers but if there is no income there is a limit to how long you can feed this stuff..

I would be interested in knowing what submarket in SD you will be looking to purchase that 4-plex? 

Could put multiple 12 plexes on the property. 

I have thought about buying a four plex and claiming one of the units will be my home to take advantage of a lower down-payment.