Although we will be the 1st lien holder on the house, they do not record the lien. 

We're seeing lots of growth here in terms of population, job market, and major companies building and developing here like Intel, Google, Meta, Amazon, etc.

It's also an old city with some geographic constraints to new development...if you're close to public transit in a good location, there's always going to be upward pressure on price (and rents) and limited supply. 

Houses are cheaper in AR than in Texas and so is the property tax.

Overlaid on a deal bought below market value and then force appreciated to a house hack.  

BRRR, short term rental, mid term, long term, house hack, etc???

There is a deck around most of the house that is 8-10' above the ground in the front, and a full story above the ground in the back.  

If I were to BRRRR a quadplex, when it comes to refinancing, would I be able to structure the loan as my primary residence (house hack it).

Me and my fiance purchased a 2 family house last November using an FHA.

Of course it depends where in the USA you choose to start, but let's guess using averages....With $50k to start with (as a 20% down payment on a rental property) you can purchase a house up to about $250k, right?