I started working in the fields at age 12, right next to illegal immigrants, so I could afford school supplies.

@Babu Ramadoss  As long as you can afford the payment (or are paying cash), why not? 

Do I absolutely want to buy that  specific piece of property (for my own use) and can I afford to lose money to pay for all the costs until I get tenants to cover them.If the answer to both questions is no, I’d stay away.

If they remain unemployed or get a pay cut, doing a repayment plan may not be affordable.

If you ask seasoned investors about their regrets, most will say they should have started sooner.In other words don't overthink it, take advanatage of the low rates, find a lender who can do 5% down conventional and buy the best duplex you can afford: try to get one that is large in size, is in good condition and at a good location.

I like to be optimistic and assume that people that can afford to pay, will. 

They now have an affordable place to live. 

I know you can get an FHA loan with 3.5% down on 2-4 unit MFHs but if you wanted to invest in an 8 unit property and occupy one of the units is there a way to get a loan for no or low money down if you were to occupy one of the units and the numbers for rent added up to show you could afford the place when it is fully rented? 

I know you can get an FHA loan with 3.5% down on 2-4 unit MFHs but if you wanted to invest in an 8 unit property and occupy one of the units is there a way to get a loan for no or low money down if you were to occupy one of the units and the numbers for rent added up to show you could afford the place when it is fully rented?

I'm assuming if you transition extremely smoothly into a repayment plan that you may not get monthly lates...Other option is to attempt a loan modification if you can't afford a repayment plan.