You can blame the economy, market, neighborhood... doesn't matter.

As the landlord (property manager), is there steps I should do to resolve this matter?

I think I will start with getting my RE LICENSE. any advice how to start, what to read first. will start next week need to take care of personal matters first to free me up and concentrate on my goals

I appreciate the warm welcome.Thanks Sam for the excellent advice, I knew about the occupancy status but I wasn't sure about how the banks' viewpoint is on the matter, valuable tip there.

Basically what title says, I've looked over craigslist but some shady deals/areas, 600/month cash, would like just a bedroom and a bathroom and a kitchen to cook food.doesn't matter if its a shared bathroom, I don't drink, strictly on buisness, would be month to month, I can put down a deposit, and would do a lease if it made you more comfortable. 

Originally posted by Account Closed:I wondered. how could I structure this instead Finding a money partner, a "private lender" is a personal, one on one matter, they need to be people known to you and who you have had business with or introduced to you by an associate, friend of family.

Additionally, while CPAs can (and should be) in close talks with clients as they form business entities to advise on tax and accounting matters, they should not physically set up the entity nor should they advise on legal technicalities such as asset protection and liability issues. 

@Christina Hall none of that matters at all as far as the process to take possession of a property you acquire via some type of auction.  

He seems to be under the impression that because it is a multifamily I will be required to put at least 25% down, and he doesn't think that it matters if it is owner occupied or the number of units. 

So I asked him about this matter a few days later and he said he would check into it.