Or, am I going to possibly create a bad situation like renter not leaving.

There’s an extra space on the 3rd and 4th floor for another 4 units to be created.

You should try to find an active investor-friendly agent who is consistently sending you deals through various lead sources they created over time.As you continue to work with them, you'll build a relationship with them, and they'll send you these deals before everyone else.Another strategy you can try is looking for wholesalers.

This option is perfect for those who thrive on real-time conversation and want that white glove approach.Our Interactive Bootcamp will feature the following courses:Investing in Multi-Family PropertiesBeing a Real Estate RookieBRRRR (Buy, Rehab, Rent, Refinance, Repeat)STR or Short-Term RentalNEW: Self-Guided Bootcamps -Created for the go-getters who prefer learning at their own pace.

Where it gets complex is combining properties with different ownership structures.A good rule of thumb is the what needs to be the same is the end TAXPAYER, so for example, we just did a 1031 where 2 separate LLCs (Single-member and thus disregarded entities from a tax standpoint) both owned by the same parent LLC  sold (relinquished) properties and a 3rd and different Single Member LLC (also owned by the same parent LLC) bought the replacement property.   

I know fannie mae offers a 5% down one time close loan for a single family home construction, but now with the new rules, does it allow 2-4 units for this 5% down payment? 

Change creates opportunity.

This was the very reason the so-called group of financial experts advised HUD to create the reverse mortgage industry.

They can create $ basically out of thin air and take that remaining $90k and turn it into $900k in lending. 

What I’d really love to find is a comprehensive resource that lists out rules and regulations in different cities worldwide, but perhaps that would be the size of an encyclopedia.