I’m 17 and I live in the Philadelphia area.

What do you do for a living?

I would like to purchase a multifamily unit and I am not able to live in one of the units. 

You will also need a registered agent who lives in Ohio.

There is increased drama, increased lease violations, parking problems in your community with up to seven different cars (plus visitors), increased wear-and-tear (particularly in a single-bath home), and a dozen other problems.Despite having SEVEN able-bodied adults living in this rental, they can't afford rent?

I think (emphasis on think) I have found a deal for me but here is my situation: I am a recent college grad with no 2 year income (just yet) and I came across this property inHamilton, NJ, in which i need between 100k - 144k after all costs (rehab, closing, 20% down payment) I do not have this money as a 22 year old, so I naturally wanted to get an FHA loan but the problem is, its a quadplex that has all units occupied, so i cant really live here because there would be no space, unless there is a way around this.

I will also be living with my family and saving up my first two years of salary after college before going my own way. 

But if you keep the house and rent it you get some cash by refinancing it, the bank sees a secure asset paying the loan, and you get an income stream as well towards your living expenses. 

In WA you can get new construction, but that is far away that I don't expect Seattle/Bellevue tech workers to live there.My boss suggested Pittsburgh (emerging tech hub), my coworker is based out of Atlanta which seems to still have affordable houses and seems to have lots of tech jobs. 

My general goal is 1-3% maybe 5% max yearly increases because they will coincide with the kind of cost-of-living raises many people will see with their jobs.