And even with a site like AirDNA, we're looking closer at the underlying STR comps with our clients to see what other vacation rentals are doing.Maybe find a few rentals that are similar to yours and near you on Furnished Finder or Airbnb and reach out to the owners.

Hi @Connor McGinnis, congrats on getting your plan together...Obviously your Dad has many options to help you out...and that may be good.If you ARE looking to take title in your own name, an FHA loan (owner occupant) at 3.5% downpayment would be great - ($17,500 on a 500K duplex) and you'd be able to cover other closing costs as well.

Open door Capital - Brandon Turners Mobile Home Park Fund - I wanted to secure an investment in mobile home parks because of many of the obvious reasons that we have all learned about (buy from mom and pop, increase rents, meter water, lots of room to increase NOI, less cap ex, rent the lot & the owner owns the mobile home, etc)**** I have done due dilligence for over a year on MANY (15+) syndicators and are still doing due dilligence because I plan to invest with more.

Better yet, I would take advantage of the Feds incentivizing owner occupying loans by opening it up to 3 and 4-plexes, and house hack where I live, taking advantage of the low down payment and lower interest rates.

As am the owner, will I also require some license to manage my own properties ?

The owners know their properties aren't worth what they think.  

But I don't believe those risk apply to me because I plan be an owner occupant, I have a pretty good credit score (720)  and a combine income with my spouse of 70K (no children yet). 

The current owner or the new owner would have to evict them

I was offered a home by an owner that no longer wants the house.

The owner has kept poor records and gave me a fumbling handwritten description of rent paid and vacancies to pass on to the bank.