Primary difference in SFR vs MFU is selling the appreciation vs the income producing cash-flow.

On top of that, 203k is an FHA loan, and FHA is incredibly skeptical about counting departing residence rental income, and will only do it in a few rare circumstances (typically involving a job relocation or similar), which could screw up your lender-calculated DTI. 

My top producing listing agent asked very few questions re: the buyer's qualifications and I found out there was a gift letter that was not disclosed at contract presentation...we got to settlement but I ended up babysitting the rest of the transaction which was something the lister should have been doing.

You've found an incredible resource and community! 

I enjoy learning and am always looking to grow my skill set; I would be happy to share my business admin/IT skills with an experienced investor looking for a motivated pupil with a hunger for the industry.Outside of work, I enjoy hiking in Utah's decadent outdoors, spending quality time with friends and family and traveling.I look forward to connecting with all of you on this incredible BP platform.Best,Kenan"Stay Hungry.

This will more than likely present unique opportunities, but I do not yet have the real estate experience to confidently navigate and capitalize on such a situation (I have a few ideas though).With that being said, I've been researching the incredible world of real estate investing, and I am ready to take that first step, developing a strategy to enter the market.

Then once we gain more experience, move to apartment complexes in areas that produce more cashflow. 

Any insight you guys could give would be incredibly appreciated.  

She said she will produce anything requested, allow us to speak with her attorney, and sign any agreements she needs to with no problem.

Hey guys, I'm looking to purchase a multifamily unit, a quadplex to be exact, with the focus being on producing more household income.