A simple technology stack and a great local team (cleaners, maintenance, and "gopher") is sufficient to self-manage one unit, assuming you don't mind the occasional late night call.

It's crucial to allocate sufficient funds and consider the impact on vacancy rates.

Both have private mortgage insurance (PMI) but generally the 5% down is preferred as the PMI is usually less and you don't have to contend with self sufficiency fha tests on 3-4 unit buildings. 

A few things to focus on: make sure the property is fully compliant with local licensing and safety codes, plan for sufficient staffing (especially backup coverage), and consider the layout and accessibility for seniors—ADA compliance and easy navigation are key.

.- Its larger Stargate project is set to be a $400 billion-plus investment over the next three years.- Central Texas continues to be a hub of data center activity.

With its almost 8 yrs of payments paid on it thus far; The approximate superior 1st lien balance outstanding is $243,000QUESTION: Given that that this 2nd lien loan was closed thru an attorney and the parties knew one another, and it appears there is SUFFICIENT equity cushion between what they owe on their 1st lien ($243K) and their 2nd lien ($24K) Vs the $625K to $650K  Now  Property Value.WOULD YOU BUY THIS 2nd lien ? 

With three or four units, one vacancy or one major repair can sink your year.

A million dollar liability coverage should be sufficient for single-family & MF up to 8 units, at least.His experience is that any claims against his company have been frivolous & insurance co. settled or delayed until tenant just walked away.

FoundationPlumbing, particular main sewer lineElectrical (on older houses) Main panel sizing, grounding, sufficient circuits for modern usageRoof (but you're good for 10 years, just get a tune-up)HVAC system (one again, get a yearly tune-up)

Many lenders don't fully understand the self sufficiency rule for FHA buying a 2-4 unit, so they skip over that and the deal dies mid review.