I use the 3x rent for my first barometer, steady employment, good credit, and of course 3 years of rental history.

What size MFH are you looking at?

But if employing your family works for you and for them - great, go ahead.

At 70% LTV that loan would size around $44 million (less if cash flow causes a coverage constraint). 

I'd have them sign my own lease on renewal and I'd make sure I had enough information on them so I can go after them if a legal issue arises such as employer and other similar data. 

These executives receive no salary or other employment benefits from RAD Management but “will realize growth as owners/members” of the firm, according to the document.Under RAD Diversified’s registration with the SEC, any investor — not just “accredited” ones with high net worths — can buy shares, as long as the investment doesn’t exceed 10% of their incomes.

On our higher end houses we put stackable in our primary walk in closet I did this in the home I built and live in although mine are stacked they are full size not a combo unit. 

The great thing about living in a high cost of living area is that your salary / wages are hopefully also very high.If you are a new college grad, I would focus the next 1-3 years on increasing your salary as much as possible(gain new skills, new certifications, change employers, etc).Once you make more money, you can easily get in a position to buy a property on a more frequent basis.Best of luck!

As far as waiting until you graduate: either option would work but I would imagine your biggest obstacle at the moment would be that you do not have a set record of wages from an employer.

Not doing anything to get better education or employment opportunities.