., you may also find having just two units helps you keep them cleaner, better maintained, etc than larger scale competition)...

Also the cost of setting up and maintaining usually cost more than any tax savings.  

I hope I am not hi-jacking this thread but I noticed another recent listing come up....3-4 Klondike Court....and 5-6 Klondike...Seems also to be close to college and buildings look well maintained...also seems to be within a cluster of similar buildings...Any thoughts on these?....

If you're not building it yourself, well then it's yet another expense that you'll have to pay and maintain. 

So if you travel for 300 days out of the year but have your stuff at your house and maintain all utilities and such would this be considered your primary residence per the FHA rules?

And it will be expensive to maintain.  

And of course, if you have no issue with posting the financials here for all to see, I'll simply respond back to this post instead.I love the fact that you're avoiding renting to maintain your current net-worth.

I understand doing things initially to save money for the next property but in the long run one person will not be able to maintain and complete capital expenditures on 30+ units.  

I help investors build and keep, sell, maintain, and offer full service for their portfolios of cash flow properties.

It costs a lot just to maintain membership ($3K/year is on the low side and $10K is not excessive ).