You only have to live in one unit for at least a year and after that you can move out and rent the last unit.

At last minute my lender informed me that they would not lend money to a community that is 15% or more of rentals.

In the last 9 months while working a new full time job (when I started my real estate journey) I have one rental house currently rented out and cashflowing, a fix and flip that is in process, and I just made an offer for a duplex with seller financing and limited money down that will cash flow nicely.

J Beard so with an 8-9 year cycle and the last down spiral starting in 2008, does that signal we are approaching the peak?

My last position made it nearly impossible to manage 4 doors.

I started my journey into wholesaling about a month ago.I have fund my farming area and have been driving for $ the last couple of weekends.I have managed to generate about 60 properties now its time to do the work of sending out the yellow letters.I will keep updating my results here and if anyone would like to connect in Phoenix area , DM me and we can exchange ideas.

Since last spring '15 I was looking to buy a place to live in SF.

We have a website, we are on Google with Adwords, (spent $700 on that last month) we mailed out over 1,500 postcards to vacant houses and houses that are coming up for tax sale, we have an ad on craigslist, and yet no deals. 

HI Manny Pichardo,You are not the only one that has put themselves into a not so good situation and you definitely won't be the last.  

@Grant Francke - I used that strategy to find my last multi family purchase. 94% owner financed with 6% 15 year balloon and 30year am.