Hey BiggerPockets community 👋
I’m Kaley, and I'm very excited to be a new member. I am relocating to Miami at the end of April and looking to purchase my first owner-occupied house hack in the duplex–quadplex range (...

You also have to look at seasonality for nightly rates and occupancy. 

MTRs tend to have higher occupancy and more stable cash flow than STR in Fresno while still earning better rates than traditional long-term.Long-Term Rentals (LTRs): Great for steady income with minimal turnover, but generally lower monthly rates than what you could pull with MTRs in many Fresno neighborhoods.2.

Are there any FHA/VA or even conventional guidelines for landlord vs owner/occupant % in townhome communities. 

Is there any idea what new occupancy would need to be to make up for this added inventory and take on all that absorption? 

So total monthly revenue on full occupancy is $4,125/mth or $49,500 annually.Current occupancy 4/5 units with a total monthly income of $3,075/mthSelling price: $280KRehab cost: $20KARV: $300KClosing costs: $5K Loan cost: $10K, amortizedDown payment: $80KLoan: $200K, 30 yr fixed @ 7.15% APR, paying $1,418/ mth or $17,652 annuallyTotal capital invested: $105K (down payment + rehab + closing).Annual tax: $3,400 annuallyMgmt: $150/mth, $1,800 annuallyInsurance: $1,360 annuallyUtilities (water + heat): $700/mth (tenant pays electric), $8,400 annuallyExpected maintenance: $400/mth, $4,800 annuallyVacancy: 7% = $3,465 annuallyNOI (after paying the monthly debt payment): $8,623 ($718.5 / mth)Cash on cash = 8.21%How would you rate this investment opportunity?

Look at similar properties to get an idea what the nightly rates should be and to get an idea on occupancy levels.

🏘 Exeter, NH 2-Unit Multifamily Snapshot (Sold 2025)Property Overview:Sold in 2025 for the mid-$700s2-family configuration:(1) 3-bedroom unit(1) 1-bedroom unitJust under 3,000 sq ftFully renovated and truly turn-keyPricing & Market Context:Sold right at list price, indicating strong demand and accurate pricingRoughly $250 per sq ft, which aligns well with renovated multifamily pricing in ExeterReflects what the market is willing to pay for low-maintenance, move-in-ready assetsTakeaway:This sale reinforces that well-executed, renovated small multifamily properties in Exeter continue to command strong pricing—especially when condition and unit mix appeal to both owner-occupants and investors.Is this property best for owner occupants looking to offset their living expenses a bit(and which unit would you live in?)

Is that normal, or does that still count as continuous occupancy?

What occupancy rates are you using in your models - pre or post fee implementation?