And if you rehab you are certain you'll still only get the market rate of $1000.

Growing a portfolio by X doors per year isn't always a good strategy.

That's great to hear that you're graduating and you want to get into multifamily.I would start off in a commercial real estate firm, learn the systems, the sales/buying process, how to analyze deals etc...

First American and Chicago won't do them and Fidelity and ORNT last I heard would consider it with an affidavit that the purchase price was disclosed to the buyer, which basically defeats the purpose of a double close.

The team has to consist of a local realtor with experience in the areas, a lender with experience in commercial lending, and a contractor. 

If the loan is not being serviced by a third party then odds of getting this are going to be slim as most mom and pops don’t know how to do this but yes they should.  

In many cases it is fully legal so long as it is your primary home and you occupy one of the units but definitely make sure you're in compliance before you move forward.

One of the windows has to be at least 24"H x 20"W in dimension and the bottom of the sill cannot exceed 44" from the floor.

The reality is I think your going to see a lot of this..

So on the rental agreement, I had wrote its a two bedroo0m house ,then on a separate agreement, I wrote one bedroom for the remaining portion  of the rent.