Yesterday I went through my first ever closing process on a duplex that I will be owner-occupying! 

I had to go through some crazy things to get to closing, both my buyers agent and mortgage banker said this was one of the more interesting transactions that they've done, my buyers agent even went as far as saying "If every transaction were this difficult, I would not be in the business". Well, we reached the end of the road yesterday, but here are some of the things I had to deal with:

1.) Signed agreement on 4/17/14 to close on 5/27/14.
2.) Appraiser could not get into house initially because of miscommunication with landlord. 
3.) Home inspection went over smoothly, roof was in bad shape, got $2,200 toward closing costs.
4.) Bank alerts title company that there might be an issue with the title, title company says "No, everything is okay".
5.) One week before closing, the bank learns that the property was transferred from an LLC to the sellers person less than 180 days ago, this means the property falls under flipping rules and needs a second appraisal. Closing is delayed the first time.
6.) Second appraiser also has problems getting into the property.
Second appraisal comes back 1.5 weeks later with no issues.
7.) Bank sends all the paperwork to the title company, title company says that there is an issue with the title, specifically the property was not quit claim deeded from the LLC correctly. Bank says "we told you so".
8.) Correct quit claim deed now needs to be filed with the county before proceeding. One of the executive members of the LLC now lives in Greece, papers have to be sent via FedEx for him to sign and return. Closing delayed a second time.
9.) Quit Claim deed comes back and is filed correctly with the county. 
10.) Title company loses power on Thursday and Friday because of a rain storm. Closing delayed over the weekend.
11.) We finally close the property on 6/24. I am finally a homeowner!!!

Details:
Purchase price $69,000, 2.2k seller credit towards closing costs
One 2-bed 1-bath unit and One 1-bed 1-bath unit, shared basement. 
Rents total are $1400/mo ($800 and $600), I will be occupying the $800 side. I will handle the business by charging myself rent and calculating cash flow from that, simulating as if I were fully renting the property. By my estimates I will be cash flowing about $300/mo.
I financed with FHA at 3.5% down and got a rate of 3.75%. Property appraised for $75,000, with upfront MIP I'm starting at about 90% LTV.

Thanks for reading, advice is appreciated!!!