My original plan was to rent out the property and go do another deal with an owner/occupied low DP loan after about a year.

You could also potentially get an owner-occupied HELOC while you are still occupying and take advantage of that in order to have additional capital.

The 2 residential units are occupied and the commercial space has a signed LOI with a cannabis dispensary pending a lease.

Owner-occupied for 6 years.

My agent has shared a deal with me that includes a portfolio of (16) SFR and duplex properties that are tenant occupied and available off market for $785k.

You get the opportunity to buy a multi with an owner occupied loan (saves some interest rate), and you basically get to house hack your multi, subsidising your mortgage.

So, here’s how to analyze the overall condition of a building by inspecting the least number of units.These include:The Down Unit – The one that is stripped to its bare bones.The Occupied UnitRecently Vacated Unit – One that requires rehabRecently “Turned” UnitTIP: “Don’t read the complete Inspection Report, only read the summary!”

I would like to avoid refinancing if possible because my current mortgages have extremely low rates (these were originally purchased as owner-occupied properties).

So do we intend on occupying the property for family gatherings and such?

If they do, that is an early sign that that person may not be the right tenant to occupy your property.Collect DepositsThe standard security deposit is usually equal to one month’s rent, but some states law allows property owners to collect up to two months’ rent for a security deposit.