I think the prospects of building smaller units 2-4 in prime locations are not feasible but I think there are pockets in the outer suburbs where land values are cheaper where it may work. 

People are often evicted from places when ownership of a property changes hands for no reason other than the owner wanted to sell the place empty or the buyer wanted to start with a clean slate of tenants of their own choosing. 

Even if they would I don’t think it would be the right thing to do just because you can’t find a buyer. 

I usually get my buyers to use them for the first property and save the FHA for later.

Have that figure ready and tie it up under contract and find the buyer.

I would like to know if it is better to sell to an investor (as-is), or try to make repairs to bring it up to market and sell to a potential buyer (to live-in) instead?

There is also many Private Money Lenders the buyer can get. 

We are first time home buyers and looking to someone who is interested in helping people find their home and we would want him/her to make money. 

I am a first time home buyer in a partnership where I am taking a conventional loan to purchase the property, and my partner is contributing half the value of the property in cash to pay the downpayment, closing costs, and rehab.

Also I keep seeing videos of realtors getting buyers or leads in general from Zillow and Realtor.com what are your thoughts on this?