I hope folks will chime in and give some proven solutions because I would like to work with other folks on deals but as of yet only worked by myself and sometimes with family.

@Joshua Kirkum And maybe, just maybe he is falsely accused; remember 'innocent until proven guilty.'

You'll own two fourplexes and have enough cash flow to allow you to live in a nice single-family with very little money out of pocket.Again, general numbers but it's a proven concept.

It literally can be accomplished from start to finish in a day or two and bam, you have a proven buyer, now you can go look for a base hit, double, or your homerun.

Assuming everything is done well and to code, is this a good investment and is there anything they have to do with the County (or otherwise) to have the space 'officially' recognized?

Noah, the thread above kind of covers that discrepancy - but to repeat...My spreadsheet gross income number  ($38k) is just a shortcut - it has a proven vacancy rate already built into it based on my other comparable STR's in the area.  

However a conventional FHA MF loan should be no problem since FHA recognizes that you are purchasing both an investment property and a primary residence should be no problem.

And it’s a good strategy to recognize a market depression is right around the corner and wait for the right time to strike.

While I recognize that it’s frustrating in the beginning, it will give you the motivation you need to learn how to engineer your own deal flow.

It is the landlord who the court's recognize as the person in possession, not the tenant.