;) I plan to owner occupy a 2-4 family in central MA; Worcester and surrounding. 

FHA, so you plan on doing owner occupied?

Fha can be 3.5% down for up to 4 units....1 unit you occupy.Conventional...15% down on 2 units, 25% down 3-4 units...occupying 1 unit yourself.

All are occupied by Section 8 tenants, and meet the 1% rule.

Revenue = $233,000NOI = $150,000It is 98% occupied Economic occupancy is at 88%Room for ~10% increase in rentAsking Price 2.6 million I submitted LOI for $2,300,000What do you think?

Doing it this way will allow you to have a lower down payment, 3-5%, since it is owner-occupied!

In Texas there are special rules for owner occupied homesteads.

Due to timeline we won't be able to use an SBA loan, and it's a turnaround (40% occupied with no marketing, no online presence, no automation). 

Hello BP'ers ... long-time NY (Saratoga area) member, but have only been a casual on-again, off-again reader.Looking for guidance on transitioning from our single-family to a duplex, triplex or quad, the multifamily as an owner-occupied investment property that will allow us to retain a NY footprint -- driven by family's center of gravity -- and have an $income component, then transition over the next couple of years South (NC, SC or FL).We would prefer to stay in our single-family residence, then move into the multi-family while simultaneously marketing/selling our home. 

Currently, it is being occupied by a tenant who plans to move out at the end of the year.I am seriously considering venturing into Airbnb, however, I am an out-of-state investor and would need to utilize an Airbnb turnover and management service company in the area.