You’re going to get a lower selling price for occupied properties just as you will get an even lower price for selling a portfolio of homes.

Is it already fully occupied? 

It doesn’t have to be occupied by tenants, just a signed lease + deposit.

Every room occupied for sleeping purposes by one person shall contain at least seventy (70) square feet of habitable room area and every room occupied for sleeping purposes by two (2) people shall contain at least fifty (50) square feet of habitable room area for each person.

Must have multi-family zoning and be 500+ feet away from another non-owner occupied STR or you must live in the property for 6 months out of the year. 

Dealing with floods, evictions, and management issues all at once is no small feat, but it’s great to hear you’ve finally got it fully occupied.

If they are on different tax parcels, I will use DSCR for the non-primary deals and then FHA or UDSA (assuming it is rural) for the owner-occupied one. 

A 1031 exchange is NOT available for owner occupied property so that’s the bad news.The good news is for owner occupied primary residences, for married couples, the first $500,000 of pain is tax free.No need to worry about a 1031, live in the house, sell it, use the $500,000 exclusion and you pay KP tax on whatever profit may exist,2.

Over the summer I used a VA loan to purchase a 3br/1b per unit duplex that I'm currently house-hacking, doing a live-in remodel on the second floor with the first floor totally updated and occupied with college students.

@David RodriguezMTR - $4K per month occupied for 9 months = $36,000LTR - $3K per month occupied for 12 months = $36,000Occupancy is everything.