For lending purposes, up to four families, you can obtain a residential loan.

From past experience I have not been able to obtain a loan when the main house was a mobile for investment purposes.

And a step further, it can be a step closer to obtaining open lines of credit for allocations, I have seen many $1m open lines that were achieved this way. 

What would be your recommendation(s), remember this is my initial thought process and hence seeking guidance for obtaining such property, if possible.

I have narrowed down to obtaining one of three licenses: Appraisal, Residential Inspector, or Real Estate.

Hello everyone,I want to get started in Real Estate by obtaining a 3-4 unit Multi-Family property.The goal would be to buy the property under value, fix it up and then refinance out of (possible FHA loan) after the year is up and get into a conventional loan.

If you can, consider obtaining lines of credit from banks instead of HML.

With the little knowledge I've obtained from listening to the first 20 or so episodes of bigger pockets podcasts I figure it's a house that can definitely be fixed up remolded and sold or held as a rental.

What you want to ask for is a "prelim HUD" (or prelim CD, depending on whether or not you'll be obtaining traditional financing). 

t=52 it says you won't be able to rent to your son and his family.In the bill it says "§ 214 (G) THE LANDLORD SEEKS IN GOOD FAITH TO RECOVER POSSESSION OF A HOUSING ACCOMMODATION LOCATED IN A BUILDING CONTAINING FEWER THAN TWELVE UNITS BECAUSE OF IMMEDIATE AND COMPELLING NECESSITY FOR HIS OR HER OWN PERSONAL USE AND OCCUPANCY AS HIS OR HER PRINCIPAL RESIDENCE, OR THE PERSONAL USE AND OCCUPANCY AS PRINCIPAL RESIDENCE OF HIS OR HER SPOUSE, PARENT, CHILD, STEPCHILD, FATHER-IN-LAW OR MOTHER-IN-LAW, WHEN NO OTHER SUITABLE HOUSING ACCOMMODATION IN SUCH BUILDING IS AVAILABLE.