Tenants pay for all utilities except water and trash.

As much as I am an advocate for SFR in Indy, I don't recommend it for MF with rare exceptions.

You're not buying a property for yourself, so price range doesn't matter - except to your buyers. 

@Jonathan Tran the analysis looks good except for the $40 per month misc.

A few points: Per the Fannie may guidelines for the “delayed financing exception”, you can borrow up to 75% LTV, OR your initial purchase price (this can include closing costs), whichever is LOWERLots of people have had success with including rehab costs on their HUD / closing statements, so that the second part of the above guideline isn't the limiting factor, enabling a BRRRR-type strategy without having to wait the full 6 month seasoning period.

I'm in diapers at this point, I know NOTHING about real estate except things that Robert Kiyosaki said on youtube (and read Rich Dad Poor Dad), Brandon's recent webinar and I'm currently reading Brandon's Rental Property book. 

The building code uses the window as an exception to the bath, but in reality it is a flawed requirement.  

I'm sure there are some exceptions, but I haven't run into them yet. 

If you're happy with those numbers, then moving into one of the units shouldn't really change that, except you are getting better financing.

If you rent out your property for two years and then move back in for two years before selling it, you must prorate your exclusion because the exception to periods of non-qualifying use only applies to portions of the five-year use test period that occur after the last date that the property is used as a principal residence [26 U.S.C. § 121(b)(5)(C)(ii)(I)].