My decision would be no for multiple reasons determined by my official and personal reasons.I do not rent to anyone relocating as they will often choose to move to a temporary apartment with the intent of then seeking a more ideal unit to move to. 

Ideally, the loan should be as low as possible when starting out. 

We are having a tough time finding ideal real estate deals to get started.

It all depends what you can afford and the area you are investing. 4 fam will be ideal but do you have the money for down payment, closing costs and reserves for the unexpected. if you do then go for 4 fam. 

This makes my business look like it's making less money than it really is.So how should I deal with this from an accounting perspective?

Ideally, if I found a home for about $30-40k I could purchase it with cash but wouldn't have too much left for any potential repairs (and of course there would be some).

Michigan is an ideal market for investors living in Toledo, OH or surrounding areas.

Then moving into property B (duplex would be ideal) for a year and renting out our area in property A to a third roommate.

I would be seeking seller financing as the ideal arrangement.

Had a coworker that was losing home due to wife having a stroke and falling behind on their home.