I wrote above that occupancy was below 50%.

One consideration is that if the house is vacant, it's slightly easier to show as you're not disturbing the existing occupant.

purchased a triplex with the intent of living in a unit for a year and then renting out all 3 units. When I finished my closing

There is an attached rider ( 1-4 Family Rider, assignment of rents) to the deed ...

My gut reaction is that this sounds like a project that would be best suited for an owner/occupant/handyman.

I had 3 people who wanted to see it once the occupants moved out.

Is it possible for him to apply for an FHA loan as a owner occupant and I be a cosigner on the loan?

I know that HUD is the Housing and Urban Development agency but how does that relate to the small multi's owner occupancy?

I will build 2200k sq ft for about 200k all in. ( subs are higher in this little town of 8k) and will sell at 410ish.. and happy to make 50k a door net all in...However will be in and out within 4 to 5 months house will close within 3 days of the CO ( certificate of Occupancy)...JLH

I know a real estate agent who is owner/occupant of her own in that neighborhood.

If you want to deal with miles of government Red Tape you can work with them on getting FHA 203(k) loans which are basically the only pure residential construction loan product out there, and is only for owner occupants.