Anyone can live anywhere they want if they have the money, and sometimes houses are bought and then rented out without much background checking on the people moving in.

I live in Seaford, NY and have been searching for areas outside of LI to do my next deal.

You said that you are applying for an FHA loan so it sounds as though you'd be living in one unit. 

i use apartments dot com for screening I do live locally should anything arise.

Yes, at first it is hard to find renters but because of my patience, trust, perseverance and dedication, I am now living my best life and living financially free. 

I grew up in Berea and lived there for 25 years. 

I was fine with all these numbers.Then I met with contractors...First, I wanted to add a new bathroom and approximately 450 sq ft of additional living space.

For the son to qualify for the $250k exclusion, I believe he would most likely need to meet the ownership and use test, meaning he needs to own and live in the home as his primary residence for at least two of the last five years before the sale.

If you're doing FHA, I'm sure you know you have to live in one of the units.

Considering that, you are likely going to see appreciation year over year, which essentially will be additional equity you'd capture just by simply living in the home.