Welcome @Tiffany Wesley I'm Actually here in Dothan Al as well until Feb/March when I will be Headed to Bell county area as well.

@Patrick Diamond hit many of these issues right on the head and I really appreciate the advice.

If tenants are in you may be caught in a bad situation if they were not well vetted.I know Phillipsburg is near you and sort of "popped" into my head in your descp.Many of NJ multi families in that area were grandfathered in to local regulations and for that reason tend to be old, and the older in general tend to require more rehabilitation.Good luck!

Thanks for the heads up Bill.  

If the building has 4 or more units, there is an annual fire safety inspection...sounds like that doesn't apply here.That's it off the top of my head, hope that helps.

William or Greg,We are headed to Belize, specifically Ambergris Caye, in early December.

Still trying to wrap my head around how I can make this work.

Investing is a math game, but it's also a game where one must make decisions with a cool and clear head.

I recently did the 4-unit house hack in the Los Angeles area, but I had to head 50 miles outside Downtown.One thing to keep in mind when looking for an FHA owner-occupied triplex or fourplex is that 85% of the market rents on all the units need to cover your monthly payment (principal, interest, taxes, insurance, and mortgage insurance).

@Melanie Menge and @Troy Fisher thanks for the heads up.