Totally, at the end of the day, practically, if you have $1 mil buying power, it is wiser to buy in two Class A $500k house than buy ten $100k duplex somewhere in Ohioville :) You would know it from real live actual execution , HVAC price is the same between 100k houses and 500k houses.

My tenants have lived in this home for 3 years.

It is not difficult to find investment properties in Florida and they will enjoy far greater appreciation than anything you pick up in Akron. 

If you have a 4 plex and live in one unit, you are exempt from some of the laws.

Hey Roman,I'm a realtor in Pompano Beach and literally live less than 10 minutes from that property.

I currently live in a market where housing has exploded and rents are off the chart.

Also if they are unhappy about the property, management, or staff to consider finding a new place to live. 

I live close by.

If I use my FHA loan, after a year of living in the household, can I convert my FHA to my LLC and still reap the benefits of that 3.5% down payment? 

The IRS section 121 allows you to move out and rent your house for Up To 3 years, After you have lived in it for at least 2 years (hence the “2 out of the last 5 years) and be exempt from any capital gains tax.