Some duplexes might get more in better areas but generally speaking a 4 unit will get more income. 

Good afternoon All,I have been speaking with this gentleman facing foreclosure for the last week.

The market is speaking to you about the property: It's on the Southside.  

No such thing, practically speaking, as "too late".

I would like to speak with a few lenders to get an idea on where I'm at, but my credit is good and I'll have a decent down payment.

This is before speaking to an architect.  

Hey There - very generally speaking, you need to present the vendor with a Sale Tax Exemption Certificate, and these are specific by the state you operate in.  

Like you as a mortgage underwriter, I have many years of experience being a professional supporting real estate investors as a CPA, but I now wanted to become a real estate investor myself.In late November of last year, like you're doing this November, I wrestled with the question of investing locally with a 4-unit purchased with FHA financing vs. investing out-of-state and got a lot of great advice.Like you, my goal is to retire within the next 10-15 years via real estate investing.As a result of some of the advice I've read through the forums (I would recommend you pay attention to guys who have been in real estate for decades like @Jay Hinrichs rather than the younger folks who are often just pushing their turnkey products) and speaking to investors at local real estate groups, I decided that given my place in life I would be wiser to place my bets on California appreciation over the next 20-30 years rather than investing in some beat-down property in Cleveland for an extra $400 or whatever in cash flow per month.Given the facts that (1) I could get into a property for a measly 3.5% down, which would free up cash to invest in other places if I so chose, (2) I was already throwing away rent every month such that I could still be cash flow negative of $650/month (what I was paying in rent) and still be better off because a portion of my monthly payment would be building my equity and the rest would be tax deductible, and (3) I'm in my 20s and have the time to take a long-term view of appreciation potential, it was a no-brainer to go the FHA 4-plex route in LA, despite the fact that it is one of the most expensive markets in the country.This isn't to say that the process was easy.  

It'd be great to learn a little bit more about what you do and I'd be more than happy to speak with you about what I do as well.

I think it was off many people’s radar because it’s definitely out there, geographically speaking, being about an hour away from the heart of Los Angeles without traffic.