I know its the most limited resource we have...Brian

I've had a limiting belief that you had to have a lot of money to get involved with investing. 

Generally occupancy limits apply to hud housing or to care facilities and would not apply to your situation (check with your state law to confirm). 

We take a long view of our business and rarely sell to newbies, and if we do, we limit their choices to houses that a newbie can be successful on.  

It is a stupid rule but lenders have lots of stupid rules.Often this is combined with a time limit like 90 days or 6  months.

Again, on the surface it appears that breaking into the MFR market would be expensive and quality deals would be very limited.

I looked at the school you posted, and as much as in class schooling is tempting and superior to online (In my opinion), my transportation options are limited and I am going to try to get into the game as soon as I can. 

Your loan options are limited to 25% down on anything 1-4 units and 20% down minimum for 5+ commercial.

We're looking at making a personal investment in a parcel of unimproved land (no utilities currently) in the limited improvement district of Perry Park in Larkspur.  

However I also discovered that it is zoned residential high density which allows for a minimum of seven units with no maximum limit.