I purchased 2 duplexes in Morningside, Wayne County, #Detroit, Michigan (zip code 48224) February 2024.I am also an #Out of state investor.Both are currently going through repairs and updates necessary for the city of Detroit to give me the Certificate of Compliance for rental units.

No big, national, publicly traded banks will do this loan type.

This kid is looking to rent a $1,500 unit in a small multi, not a condo in a building with on-site management.

Check out LJI Wealth Management with United wholesale Mortgage.They have a construction to perm loan program for investment homes.

One unit is updated and the other would need to be updated while we are living in it.

Once that's done I won't stop but at least I can look at small multi families before looking at bigger unit buildings. 

You've got potential issues with noisy neighbors near you and flooding risks from units above you.

This could get you 6-8 units if you shop patiently which is a great starting point.Please do not send any money off to companies that advertise real estate "syndications" online.

Some have rules that say you can only rent the unit after having owned it for X years.  

I also know its hard to find a good duplex or 3-4 unit but that does offer a good way to occupy a unit and still receive rents to offset the mortgage payment.