This inconsistency raised concerns about the veracity of their operations.Furthermore, during a subsequent call with the group, my client expressed reservations about moving forward based on the discussion and the information presented.

Those are hard working appliances with lots of moving parts and tend to be used and probably abused more often.

His advice was to hold my current property and continue acquiring single family homes with low money down for owner occupied and move around until I’ve maxed out my mortgaging capabilities.

At 5% down and 7% interest, this property is not going to cash flow when I move out or even several years down the line. 

If you're looking to invest OOS you should check out this Bigger Pocket Blog here: Core 4 Members of a Profitable Long-Distance Real Estate Investing Team (biggerpockets.com)explaining what's needed and how to build your Big Four team so you will have boots on the ground ready to move full speed ahead when you're ready to pull the trigger.

Quote from @Samme Chan: Quote from @Patrick Drury: @Samme ChanIf it's your first deal, start with a duplex to get your feet wet and then move on to a 4-unit and bigger.

I'm curious about it and wondering if it's a smart move.

I moved from Florida to Columbus and invest in multiple markets here in Ohio.

Our family currently lives in a 2,303 sf home and we are looking into moving into something smaller 500-700 sf home.

Live in a multifamily and fix it up while living there then just hold on to it and not sell...move on and rinse/repeat.