One of those ways was to include the VA funding fee with my purchase price or utilize a first-time homebuyer closing cost grant to cover it.

@Jessica Lindner it's a utility, just like any other.

Just make sure you don't forget about any potential monthly expenses if applicable; HOA fees, lawncare, any utilities that need to be paid by the owner and not the tenant, etc.

Try to get a position that utilizes your real estate license and learn as fast as you can.

Then again... the water & gas are shared utilities...Anyways, we reached out to planning and zoning and got the following response:... 5 units would not be approved at this location under current zoning and neither would apartments.

Next time just pay you car, cellphone, cable or a utility late instead and pay rent first. 

Also be mindful of the utilities. 

@Steven KleppinWe have utilized this model of investing before but each deal is different.

The Home possible program from Freddie is one of the programs that was restricted in the past due to income limits but the limits are being revised upwards which will allow more people to utilize freddie's HP to finance a 2-4 unit property with 5% down on conventional.The advantage of HP is that it has lower monthly MI, its conventional financing so not as restrictive as FHA (which can also work for 2-4 units with 3.5% down payment), HP does not require you to meet the FHA SS rule (required on 3-4 unit FHA financed properties).I've seen freddie's income limits go up about 10-20% this year for 2021 so that might allow more people who are looking to "house hack," to utilize this program.HP only allows max 2 financed or owned properties total so its a perfect for someone starting out to house hack.

This project took a little longer than expected because we did an oil to gas conversion which took about 8 months for utility to bring gas to the house.