I’m not being judgmental, I lost few properties because I couldn’t get financing till the end of project......still, you have to count money.

Our blue collar area is Escondido (around a dozen units, too lazy to count).  

Are adults' parent counted as family members?

@Justin DominguezIf they appraise at 2M and you can get them for 1.5M would that count as your 25% down payment?

@Erik Baumer I stumbled across the Fannie guidelines that @Jerry Padilla was referring to:"If the property was owned prior to closing by a limited liability corporation (LLC) that is majority-owned or controlled by the borrower(s), the time it was held by the LLC may be counted towards meeting the borrower’s six month ownership requirement.

If your can rent your primary house out and it can cover your mortgage, you can count that rental income into your income and you’ll be able to get another loan and purchase another house in market like Atlanta where good houses aren’t that expensive yet.

But it sounds like you're just wanting a macro overview of the deal.

@Greg GanfiInspector estimated 3-4K each for both furnaces if we count 8k for 2 furnaces and 10k for 2 AC, you’re probably correct 18k does sound high.

They are counting on you giving up and then they do not have to finish.

They will usually count the income from the other three units  towards your personal income which leads to qualify .