Most will have an appraisal and DSCR requirement for a loan.

Hey Zac, although I'm not near Ohio State university I'm just an hour and half in Cincinnati. 

I know of an investor who bought one of these, use it for a few days, and then returned it to the bigbox store once the HVAC was fixed.

If so, you could do an FHA loan with 3.5% down or conventional with 5% and live in it for at least a year.

I am managing 40 doors there right now an it an absolute nightmare.

There’s an electrical supply company that lists stuff on EBay and the cost was 1/3 what it would have been from our local electrical supply company.

That doesn’t affect their comps. 1 year ago the standard deal was $10k in closing help and a 6% 30 year loan as an investor. 

It makes total sense that I would need to prove my company is profitable for some time before borrowing.what would happen if I qualify and aquire a loan while I'm still an employee, then become self employed?

The zoning will define the permitted uses (this will tell you if you can have an RV/Boat storage there) and it will define the density (this will tell you how many tiny homes you can add).You'll want to make sure you don't conflict the existing duplex to a new use or mixed use where you might put the existing use out of compliance. 

We will also finish up some renovation on our owner occupied house and pull a HELOC for an emergency fund and possible rental purchase fund.What are you looking to do, @Kristie Laufer?