Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.Download BP’s newest book here some good due diligence in Chapter 10.

Its closer to a company an a good school district.Which one do you think would  be always occupied the 3 bed/2bath(3 levels)  or 2 bed/1 bath (1 level)Thanks a ton!!

Though the Hotel and Multiple Dwelling Law provides that multiple dwelling buildings having a condominium or cooperative or mutual housing corporation form of ownership are under the Bureau's jurisdiction, the law also exempts sections of such buildings that: 1) contain not more than four dwelling units, 2) have at least two exterior walls unattached to any adjoining building section and where attached, are attached exclusively by fire-resistant rated walls, and 3) contain dwelling units that are owner-occupied (if both owner- and non-owner-occupied units are contained therein, only the owner-occupied units are exempt)."

This same house sold for cash and was occupied by the owner before he died.

You won't be able to get a non-owner occupied property for 10% down.  

@Nathan YeeWelcome to the site.An owner occupied duplex would be a great way for you to get started.

If you can find a lender that is investor friendly, they can help you "house hack".I think a lot of banks like to see you occupy the property for at least a year... but if you can find a loophole, more power to you!

I'm hoping someone here will know of some banks that will loan these percentages on non-owner occupied homes.My credit and debt:income ratios are all great, and rental history with the property is excellent.Thanks in advance!

I just did a HEL or Home Equity Loan on an investment property (I don't occupy it).

That should give you an indication if its non-owner occupied.