the possibility for equity growth is amazing here, and you can only use that program if you currently own NO rental properties but you can buy as many rental properties as you want after you have that loan and live in the property. 

Look at the existing inventory in you're area, find an investor agent who has experience with house hacking, pick the best option currently on the market that fits your budget and make the offer. 

There is also a basement that currently doesn't have a specific use.

Learned a lot and feel as if I could learn a lot more from servicing loans (particularly purchase loans) but feel like I am making good connections in PM/RE at my current job.... 

I will send current clients my past clients' homes and talk revenues, but there's no way to show, oh hey, this Denver STR pulled $90k this year but would have done only $70k if it didn't have the hot tub.It's nice to have that data to back up what I'm saying.

It also makes it challenging when purchasing a property from an estate or other party that hasn't really managed the property well (didn't spend a lot of time screening the current tenants).

I can get up to 30k/ unit for a multi family home in renovations but must rent to low income for 10 years."

Currently in the information gathering stage.

It's a big responsibility and currently with your level of expertise, I would be hesitant to you give money on the LP side. 

Just keep in mind zoning and code requirements. zoning is usually not a problem, but when a commercial is converted to residential current codes must be met which usually means two stair towers, fire separations, and sprinklers.PS: Loopnet is what I used to find my warehouse.