They require the person assuming the loan to live there. 

I have the capacity to take on an additional $200K in debt on top of utilizing my HELOC, so long as when I am paying it down the monthly charges also go down.

A choice to live OUT LOUD, or tip-toe to an end. 

However, this is subject to change, and some applications may take longer if they require additional review or if there are any issues or discrepancies that need to be addressed.As for tips to expedite the process, here are some general suggestions:Make sure your application is complete and accurate.

If someone decides to live there, that is their choice.

We want to buy a multi family of 2-3 units and house hack by living in one and renting out the other one or two units. 

Specifically, how to go about managing unrelated persons living together per county or city ordinance and lease structure. 

I rent out the downstairs 3br 1ba unit and currently live in the upstairs 1br 1ba apartment.

I'm happy to point in the direction of some additional resources as well.

Toledo pretty much offers the same, if you're set on that city connect with @Engelo Rumora Thanks for the plug mate,Hi Ken,We probably won't be able to assist as we offer turnkey and only to cash buyers.Our lowest entry point is $65,000 and that buys a 2 bedroom, 1 bathroom home that will rent for around $800pm.Plus, I'm pissed of with investors and lately and keeping all deals for myself heheI think you are on the right track with the 43607, 43612 and 43613 zip code.I encourage you to take a look at 43609 and select areas of 43610 and 43620.BRRR out of state is a recipe for disaster but since you are in Michigan, it isn't too bad I guess.Even being as close as you are and even if you lived in Toledo, I would always advise to get professional property management.An investors role is just that, to be an "investor".Elevate and delegate...Sure, you can probably manage 1,2 or 10 properties but that can eventually turn into a full time job.IMO, you should focus on scaling as in finding deals, raising capital, buying more properties, growing your portfolio, etc...And not dealing with tenants and toilets.Wishing you much success