Im sure there are areas that this doesnt apply to but generally speaking I dont see any solution for these issues on the horizon.Considering this issue, and the flexibility that Fannie Mae has released about a month ago making 2-4 units, financed by a 5% down on a primary residence, Im thinking that the most valuable piece of real estate will be 3-4 unit. 

But Redfin is remaining steadfast in their prediction, which is closer to the government’s number (Fannie Mae).

So, these government divisions were created to help the economy - FHA in 1934, Fannie Mae in 1938 (Freddie Mac didn't come around until the 1970's...another really tough economic time). 

@Derek Morrison   The lender will use this form for a conventional 2-4 unit owner occupied to calculate the rental income that can offset the payment:  Fannie Mae for 1037 For a purchase you would use step 2.

So, you don't have to do a commercial loan, though you always can.75% LTV for properties 1-4 is the current Fannie Mae guideline. 70% LTV for 5-10, if you can find a lender who will do that.

When loaning to an LLC, you'll either have to buy in cash or get a commercial and that comes with different rules and down payment requirements than Fannie Mae loans. 

Also, it is illegal to double-close on a Fannie Mae house in Mississippi.  

Fannie Mae or Freddie Mac  eligible?

For Fannie Mae or Freddie Mac the waiting period is 2 years from discharge and 4 years from dismissal, or 2 years from dismissal with extenuating circumstances. 

HELOCs terms are set by the individual lenders, while conventional mortgages are regulated by government agencies (Fannie Mae and Freddie Mac).