Hello,I am Active Duty in the military stationed in Okinawa, Japan.

My partner and I just picked up several occupied rental properties in Philadelphia last month.

Can I use a 1031 exchange to purchase an owner occupied 2 family?

I know QuorumFCU on a owner-occupied will go up to 95%. 

The deal, when fully occupied, will cash flow nicely but I worry about finding and keeping tenants with such a small population base.Does anyone have any experience and/or tip with this type of markets that they can share?

Only one unit was occupied recently: he passed from COVID; the owner/occupant passed a while back. 

Are they just too busy with owner occupied refis?

There are so many items you need to check on a mobile home park in due diligence and we wrote a course around it.Here is a short list of the most "deal-killing" items:1) Test ad.2) Certificate of Zoning from the city or county.3) Phase I environmental report.4) Review of last 3 years of P&L (and tax returns if available).5) Forward forecasting budget.6) Rent roll and payment history.7) Review of the water, sewer and electric systems.8) Size of each lot.9) Confirmation of which homes are occupied and which are vacant.10) Rent comps on all competing mobile home parks.11) Study of the metro market.12) Survey and title.Mobile home parks are much more complicated than they look.

I shared that we did have another party interested in the unit and our preference was to rent to them (The 2nd unit in the duplex is occupied by a tenant under the HAP program.

-Want to buy a home as a househack but current rent on the occupied unit very low?