1) you have to live in peroperty to use VA loan  or  even a  FHA  or even a low down payment  conventional loan ...underwriters / lenders will need to have a make sense  file / reason to approve this  as they are  aware of the high amount ofoccupnacy  fraud thats happened recently   2)  managing your first  property as a 4 plex  from 3 hours away sounds  like a recipe fro a headache/ problem

I would really need to understand more to offer significant help. 

And they will be the ones managing it for the long-term, so you want to find a quality PM, not just the one with the cheapest rates or fanciest website.Start by going to www.narpm.org to search their directory of managers.

Paint an alluring picture of what the buyers life could look like.Lastly, remember fair housing rules (although a flat fee broker should review and eliminate any violations as part of their quality control process).

Calumet City and North Chicago are probably high on my list for annoyance factors.

property is currently in a reverse mortgage need $308k to satisfy. currently 3 units and wanting to remodel to create a 4th.Rural low economy market with high demand and very few rentals available in area.

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I should have been more proactive, but money was coming in, so I figured i had bigger fish to fry.In my experience, tenants on housing vouchers are "low quality" tenants.

This class-A medical office and treatment space is slated to bring 1,200 new high-paying jobs to the district.

8.5% is a bit high on the rate but that's our current market.