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If you're using FHA, remember there's a self sustainability requirement for properties that have 3 or 4 units.Best of luckStephanie

I have horrible cat allergies and can no longer self manage/clean/prepare the unit when there are cats indoors. 

Imagine your first self (the purchaser) bought the property for 100k cash and you sold it to your future self (the buyer) for the new value of 200k.

Local presence: location that you can access directly and self manage - unless you want to leave 20-25% of the bookings for property managers that might (or not) be reliable3. 

My self-employment in 2020 was low at only $16K absent depreciation add-back on the other property.

One side now completely covers my PITI and my total CF for that duplex is $300 per door, but I do self manage.Going forward, I’m looking to live in BRRRR, get a SFH and add ADU.

I would read up on both regulations, as self-managing is almost impossible.

@Robert Henley - As an active investor and agent in the area, I've help loads of investors get themselves setup for remote self management. 

Self employed tax returns don’t show true income.