Depending on the situation you may find a quad as well that would effectively let you use 75% of the rental income from the 3 units you don't occupy.

I bought a 3 unit up-down building about 1.5 years ago.

Investment Info:Small multi-family (2-4 units) buy & hold investment in Hagerstown.

It sounds like you are looking for a loan for for 8-duplexes. 16 units total.

Hi fellow investors,I just bought a multi unit in a D neighborhood and I think keeping section 8 tenants might be the best course of action.

Based on what you're describing, I think your going-in criteria is definitely something that is strong *however* your goals may not match what current market reality is.When you say $3200/month payment - do you mean $3200/month before or after accounting for potential future rental income from your tenants in the other units? 

I'm leaning towards the SF home, but my wife is wary of spending that much on a SF home and feels more comfortable spending far less ($200k or less) on a mobile home.

During this waiting period, consider house hacking, where you live in a multi-unit property and rent out the extra space for additional income.

Picture this: Two charming 6-family units beckoning with promise, ready to be transformed into lucrative investments.

One of my units has a rather large door that came off it's hinges.