Hi BP,I've applied for the new 5% down multifamily primary residence loan option for a 3-unit property, but keep getting denied at the Automated Underwriting System (AUS) stage. 

I've been managing up to 50 units using Quicken Home & Business for the past 15 years or so, and haven't had any problems.  

I typically enter in the individual unit specs if there are multiple units in the building.

I once owned a 20 unit building that was built in 1915.  

One note - you put "Home" loan in the title - to clarify, DSCR Loans are 100% no ifs ands or buts rental properties only - so no owner-occupied at all, not even if its multi units and some of the units are rented.DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?

@Roee Algrisi I have a 4-unit outside of Pittsburgh that I'm thinking about selling.

To go with this just ran numbers for the Dayton MLS Daily stats Units sold In January 2023 was 517 units and January 2024 was 824 UNITS!

In addition, you do not distinguish if non-commercial MF (less than 5 units) or commercial MF (more than 4 units).  

@Pamela Gates there are plenty of smaller units (condos, townhomes) that are not in condotels.

After buying and finishing The Book On Rental Property Investing, I'm definitely investing in rental properties is the path for me.I'm still obviously at the very beginning of my investing "career," so forgive me if this is an uninformed or silly train of thought, but I'm wondering if anyone can weigh in on the differences of investing in real estate, particularly in rental units, in the US vs Canada.