If you want to buy in capital hill and this is a way to afford something you otherwise can’t go for it, thing getting a nice car and ubering part time to pay for it.

You will be paying 6-10% for just having them collect rent. 

Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.

@Michael Daniel Ultimately, it's all about confirming what the housing authority pays.

Sellers can avoid paying transfer taxes to the county, while buyers are spared from facing significant property tax increases.However, it's important to note that lenders typically only approve these loans for properties with five or more units.

The reverse mortgage company wants buyout and I dont have over 200k to pay out.

We will be paying nearly $50,000/year in property insurance.

Used funds to pay other debt off plus out cash in the side.  

My guess is that you will pay less per month with multifamily than a single family. 7.

. $1300/month, tenant pays all utilities. 4 bedroom one is vacant.