Either as long you are living there you can still rent other units out however, if you are looing for triplex-fourplex then you would need to past the SS test (Self-sufficient test).

As long as the cash flow is sufficient to service the loan (hence DSCR), you can expect a 65-75% LTV loan amount depending on your credit score

At the same token, if I am incapacitated,  it really does not matter, but I get it, some people cannot accept that.

Whoever the easement is to may have design guidelines you need to adhere to and they may have a token approval authority/process but it can be done.

Given the circumstances of the renter during the repair period the $300 seems like a good business decision = (not charging rent during a time when the unit is non-operable as a legal rental).If they did not have the option of staying with a relative (not everyone can--new to the area, etc...) then the closest Motel seems like a reasonable offer.I think it comes down to the rental experience that you want to (or need to) offer the renter (in your market for that property class) to hopefully retain them long term (excessive turns are a money eater).Some areas and some renters are way more self sufficient than others who are used to having everything in life handed to them.Self reliant Wyoming-ens might have a different attitude (or needs) than some of the more urban renters, hence the different (profitable there) business practices (which reminds me of this song)... https://www.youtube.com/watch?

As for the home, you can get financing on a new primary residence every year so you should rent it out and move into another home if you want to assuming you abide by the time requirements and have the sufficient down payment required.Best of luck!

Your basic insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

I feel like a phone call, text, email, and message on FF is pretty sufficient.

Most will say duplex, but these assets are too competitive and will have sufficient negative cash flow after moving out.  

Also, will not pass the FHA self sufficiency test.