Owner occupant analysis for Multi Family Unit

[Chukwudi Motanya]

Hey everyone I am currently looking for multi family unit properties to one day become an owner occupant investors. From reading posts and blogs from this website, I am familiar on the analysis that goes into finding out if a property is a good deal or not, but how does the analysis transfer over when you're an owner occupant?

In my case I'm paying 900 for rent a month but with a multifamily that could go down to 300 if I live in one unit. Even though it doesn't completely cover my mortgage I am still paying much less than before.

How do i know if its a good deal when I'm an owner occupant?

Thanks a lot!

[Raymond B.]

Chukwudi Motanya,
Analyze the property, as if you were NOT living there.
Figure out the Rental Income, Property Management, Insurance will be higher, etc.

If you're not sure, you could post those numbers, and someone on this forum will help you.

Raymond