Banks also have restrictions on lending to non-permanent residents.

The big thing here will be the HOAs as many have significant rental restrictions, etc.

Specifically, it’s a duplex with a separate 3rd unit on the property in the LA Heights neighborhood.

If you can overcome seasoning and income restrictions, you should be good.

There may be ways to alter the allocation based upon common areas such as rooms shared (kitchen, bathrooms, living rooms), a garage restricted to use by one or the other party, etc.You can certainly acquire the replacement property with other individuals. 

Don't know what areas you're interested in but we have a large number of two and three family homes in the Cleveland Heights and Shaker Heights areas with strong cash flow. 

It’s in Glendale Heights so I wouldn’t consider it high end.

For these two we said, "We believe in second chances... but it comes with restrictions... and laid it out to them."  

We flip, brrrr and wholesale properties in the C+ areas of Cleveland, such as Shaker Heights, Cleveland Heights, University Heights, and South Euclid. 

Periodically we'll pick up an asset that has unusual deed restrictions regarding future sales.