@Ed Ventura, if the property is not zoned as multi-family and has several dwellings on the property, it likely will not qualify for an FHA loan. 

Good luck Mat,There are certainly a lot of good options for cash flowing multi-unit buildings in Pittsburgh.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Investment Info:Large multi-family (5+ units) commercial investment investment.

I think renting out a single family can be a viable option for some people as long as they understand it's not going to cashflow like a multi. 

My specialty is multi-family and I own/manage properties in the areas that would be of interest to you so I am very familiar with the market.

Will you be developing single family homes or multi family on these lots?

Need help with ROISingle FamilyPurchase Price - 260kTaxes - $10kRennovations - $30kRent - $4k/monthARV - $400kIf I convert it to multi family - 4 unitsPurchase Price - $260kTaxes - $10kRennovations - $110kRent - $5k/monthARV - $500kPlease advise what will be the best option to move forward.Thanks

Chicago has always been such a solid market for small multi units.

Enodo (Multi-Family investors, developers and asset managers) 6.