So very helpful :)Yeah the idea sounded weird at first, but it may work well for me (aside from my broker making extra commissions for his good idea).

NEVER take for truth what you here on the interwebbles.. not even on BP.There is IN WAY in HELL you can find many wholesale deals of the MLS... trust me I know... 

Good questions to start with @Kyle Jey - this gets my wheels spinning.I will self-manage and I live very close.Landscaping, snow - these are not factored in besides the maintenance percentage (5%) I listed in my post.I have no idea if the place needs rehab; all units are currently occupied and there are no images of the inside.Closing costs - hadn't thought about this; would attempt to roll into the mortgage payments - maybe $100/month extra?

.- Key FOB and extra security are always huge.

rehabbed the trashed studio into a 1 bedroom, made repairs to broken exterior staircases, coin operated laundry room, and fixing up the garage for extra income.

Replacement cost is going to me more expensive but is worth the extra expense. 

Reality and truth hurt a lot.

I'm sure there's success stories of people in very unique situations who have gone big right away and made something happen, but the truth is most fail at that $70k SF house, and the failure rate on a 10 - 20 unit would be much higher. 

In my guests reviews, they have mentioned this time and again and I think its worth the extra $10/stay.  

The buying an additional primary in the fiances name would be the short term way of un-complicating things and ensuring we had a place to live IF the opportunity presents itself as I've been looking for 10 months and everything sells in 1 day for too much money so a plan B to fall back on doesn't seem like a bad idea.Please advise on how you'd recommend me to proceed in this situation @Stephanie P.I suggest you have a plan, tell the lender about your plan and tell the truth about your intentions.I am not at all naive when it comes to borrowers purchasing properties as owner occupied and then making them investor properties.