In my opinion, Manchester has some rougher neighborhoods that might create some management challenges, and the city also requires you to get and periodically renew a Certificate of Compliance for each multifamily that is being rented out.

You need to create a spreadsheet either on the old-fashioned spreadsheet paper, with Excel.You need to calculate the profits for hundreds or thousands of properties to determine what your profits will be based on many things I am not going to list because I am on prescribed narcotic, but some of them start with purchase price, rental income profits after all expenses, profits earned from your tenant's help paying down your mortgage, the amount you will earn from expected appreciation (but you can't believe one word anyone tells you about how a property will appreciate, the other 10 or 20 things my brain can't think of and my next most-important thing you (nobody else can or will do this for you).You never estimate how much you earn on a property by listening to anyone because the numbers almost never look pleasant during the period the property is for sale.

Hold Period: 3 to 5 years.3.)

For example: The following personal property shall be conveyed by Bill of Sale for the property known as __________________Then list what is included in the sale (this can be done during your due diligence period, but to be signed at closing by both buyer and seller)The mobile homes: Cavco 14x64 Model XXX, office equipment like the computer, printer, desks, file cabinets, landscaping equipment like: John Deere Serial/Model XXX, EZ Go Golf Cart Model XXX, landscaping tools and equipment, stoves, fridges, freezers, patio and dining hall furniture, etc. 

But the problem is over the same period that wages have doubled, home values or rent have almost 10x'd. 

Best of Luck, The 1 year doesn’t apply to when/if you are allowed to transfer title…that is the required occupancy period when buying with an owner occupied loan.  

I understand that the market is cyclical, I am just reluctant to jump in after seeing such large increases in home values over such a short period of time.

However, if the duplex is “two separate 1/2 duplexes” each on a separate parcel/tax ID number, then no you can’t buy both with fha, period.  

To make this happen, we non-renew the tenant according to state law (full month rental period) and then at the end of the month when the tenant becomes a hold over, we do a three-day notice and then we'll give them until the 11th to get out before we file.

Because a microscope has a useful life of more than one year, the $10,000 expense is not currently deductible under Section 174.The "useful life" of an asset is not its physical life, but rather the period during which it may reasonably be expected to be useful in your business.