It is crazy how similar my process has gone.

Quote from @Dennis Bragg: Hey @Van Lam, I’ve actually seen a few folks in Gainesville work through a similar scenario.

You can also go on zillow/FB marketplace to see what other similar properties are renting for around where your place is at. 

It seems like location would be especially critical with pad-split (and similar systems), but I’d love to hear your thoughts on what to watch out for in terms of zoning, safety, or demand.Also, I’ve traditionally rented out units the regular way, so I’m curious how screening tenants works for you with the pad-split (and similar) model.

@Arthur Savery, Many of our clients are taking a similar route. 

Does not affect your debt to income for future loans in the mortgage industry (auto loans could look different, but i would think similar so hopefully no worries there). 

Is there a plan similar to California Fair Plan in your state?

I really want to do an apartment building but i want to build a track record first of smaller deals and just looking for a strategy to get into deals similar to a subto or wrap.whats an agency loan?

It's very similar to the Fannie Mae Homestyle program you discuss.

For similar reasons you mentioned with access to both I70 and I90 pretty easily as well as being in range for the eastern sea board makes it a logistics hub.