-He live in the residence as required.

I just bought a house that was 100% more expensive than the last primary residence I purchased.

You'll only need 3.5% down, and live in one of the units for 1 year as your primary residence. 

Do you currently have a primary residence?

I am an investor residing in SF Bay Area but started investing in Atlanta market starting this year.

So @Gregory Hatcher you have a primary residence that you are house hacking?

I know folks who go to LV all the time, who love to stay at a residence rather than stay on the strip or downtown. 

Pros:Strong cash flowMajor affordable housing shortage in the countryBarrier to entry - zoning prohibits new parksPride of ownership - the residents own the homeLower operating costs - the residents own the homeLower touch - the residents own the homeSticky residents - costly to move a homeEasy to raise rents - costly to move a homeRecession resistant asset class - affordable rentLarge private equity funds are entering the space - drive prices upMom & pop ownership - opportunities to improve NOI and valueLower entry cost per door - less capital neededCons:Not sexy - smaller resale pool (but that's changing)Stigma - some counties try to stop operations (poorly operated parks, criminal activity)Stigma - some people don't want to live in oneLower credit quality residentLess appreciation potential, unless forcedNiche investment - helps to have scale to properly operateMany banks don't understand it - tougher to financeOlder assets in many cases

Hi, so I'm starting out in RE investing and I have a buddy who is a general manager for a company out here in Salt Lake City, UT. 

Good to see ya buddy!