Hey @Jordan Lynam ,
In an Absent Owner situation, most investors aim to collect $1,000 of rents per $100,000 of property they buy.
Since you are wanting to cashflow while living in one unit, you have to raise your rent requirements to roughly $2,000/month per unit per $100,000
Those kinds of rents are incredibly difficult to find, in a neighborhood that you want to live in. Typically, the better the Rent/price ratio, the tougher the neighborhood.
When I bought my first owner-occupied duplex, we went for a great neighborhood and the other tenant paid roughly 60% PITI. We were ok not cash flowing because we knew we were in an A class neighborhood and the profits would come from appreciation. 2.5 years after the acquisition, we sold the building and realized a 22% appreciation (definitely atypical results)
In my opinion, if you're going to reside in the building, buy a 2-4plex in a neighborhood where you want to live and the appreciation will come.