Hi All, looking into a commercial property for my business, with plans on occupying one unit.

Besides, I was planning on house hacking for at least a year.Is there any good books or articles you recommend that will give me a good idea of what it's like to manage properties in a low-income area?

Maybe they already have plans to handle rent!

So I currently am holding a single rental property and am planning on financing 2-3 more in the near future.

HI Michael,the answer to all 3 is yes. since the properties are so close, one or the other would have to be a an Investment property. since this is your plan of action underwriting should have no issues as there is no means of mortgage fraud with what you plan to do. one thing you will want to keep in mind when qualifying for the new home is debt to income ratios, and having a renter with a signed lease agreement for your current primary lined up will off set the debt ratio helping you qualify with no troubles.let me know if you have anymore questions or want to speak privately! 

That screws up my whole plan. 

Details:Price: $65,000Cash available for down payment: up to $20,000Zoning: ResidentialPlans: hold it with plans to potentially build on it within the next 5 years.Additional info: lot is currently located between two duplexes.Any advice would be greatly appreciated.

I will set up basically a business plan to show the deal, exit strategy and be prepared to pitch my relevant experiences (sell myself), anything else? 

I plan on buying in the next 30-60 days. 

I plan to spend about 6-12 months in a relatively inexpensive city (anywhere in California) that is close enough to a good real estate school.