You can refinance to conventional at 90% loan to value and reduce your payment and when your loan to value later gets to 79% you can request the drop the MI.

There is no "added benefit" for you.Regarding the tax assessment, I cannot speak to California, but Michigan has a similar tax structure. 

You could do 10% down and No MI for a 1-4 unit investment property with an Academy Mortgage conventional portfolio loan and then also use your 3.5% down FHA loan to house hack a 2-4 unit.

I own 10 two family flats (Mini Mansions) in Michigan so that's 20 apartments that I am renovating.

I am based in Detroit, MI.

También soy dueño de una inmobiliaria en la Riviera maya, representamos a compradores, cualquier pregunta que tengas con mucho gusto te puedo compartir mi experiencia, contactos  y conocimientos. 

In Michigan a Demand for Possession has to be sent at least 30-days prior to the end of the lease.

Would love to get some thoughts from anyone out there with property parcel & tax experience.We're about to close on a duplex in Harper Woods, MI and we learned late in the process that the duplex actually sits on two parcels of land, so our purchase agreement was updated to reflect this.

Quote from @Corey M.: I purchased my 1st investment property from REI Nation last year and a major selling point to me was that the average tenant staying for ~5.5 years. 

But at the end of the day, the lender is generally not going to come after you if you make your mortgage payments.I have a 5% down (FICO 720+) 2nd home/Vacation home portfolio loan, NO MI, ALL 50 states.