Everywhere else this would be called a triplexDuplex down means the entrance is on the first floor and additional living space is on the floor below. 

@Nathan Guyette you will have to refi into a different type of loan FHA is only for owner occupied properties, in addition they do not want people to purchase properties for investment purposes using the program, I believe they spell that out in their guidelines

In addition, many of the areas that the report requires to be abated were not actually tested; the report just says that they are "assumed" to contain lead based on similarity in appearance to other areas that were tested.

Again, a rental agent will be helpful in knowing current prices, paying a half or full fee to get them to screen and place a tenant would have the additional benefit of having this conversation with them to gauge your market.Ultimately since you have some flexibility of schedule and funds I would say do your first live-in upgrade from existing funds and get the other units rented closer to full market rate.

Airbnb is basicly operating a hotel out of your property and will come with additional issues for you.

These are professionals with additional training and a stricter code of ethics.

Tax liens as you get farther out east are more complicated than West coast tax liens that are fairly easy to understand and cut and dry.my sense of this is you have the right to pay the tax's and add it to your note balance.. just like if they did not pay insurance..I suspect you do have a Alienation clause in your mortgage as its pretty standard verbiage in most.but you have multiple events of default going on here.. so you can start at anytime I would thinklastly I think at least in many east coast states or counties to clear title they need a court action.. and at that time you would also be notified and be able as the lender to cure.. 

I've also met with a developer who said he looks to "double" on every deal  - meaning he is spending 200k for land/permits/materials/labor and targets a 400K sales priceIn my area, 4 units+ is the trigger point for all sorts of additional complicated planning reviews and requirements, curbs/gutters, traffic studies, environmental reviews, etc...       

We probably need an additional 2-3 months in order to finish project and close on a deal to pay off the loan.Thanks very much for any insights!

This house makes money not as a simple flip, but needs a full gut, and probably a second floor addition.