I ended up making an offer on a multifamily today -finance deal so fingers crossed that my offer is accepted and the full inspection goes smoothly.  

HI Shivani,Each individual property would be calculated separately based on when you purchased it (tax returns or lease agreements used either or or both in some cases) which the lender would subtract from the monthly PITI or mortgage obligation/taxes/insurance/assessments/etc.All the rentals whether positive or negative would then be added up into one number (net net).

I ended up just getting a second hot water tank & sub-metering.  

I ended up landing an 2 unit deal.My strategy is ok for now, as I only need 1 to 2 deals a year.

I am a week away from COE.Buyer's sewer inspection report came up with the following:"CAST IRON PRESENT: The age of the plumbing system should be taken into consideration.

Hit me up if interested!

I grew up in the area and know it well.

I'm just trying to get started in investing and this is the first deal that has come up with an acquaintance. 

Haha Hey @Jacob Pereira Sorry to get your hopes up - I spoke without thinking in my excitement to talk about 1031s and skipped over a crucial stumbling block for your dream strategy ;) Allow me to clarify:So, if you live in one side of the duplex for two years within the five years prior to the sale, then it is considered residence use.

I built it on land with a house I have fixed up for equity and also built more cabins.