Tri-plex (not a converted house). Possible FHA financing for owner occupied with as little as 3.5% down and have other rents pay for your mortgage!? This is a positive cash flow investment even at 8% interest. Contact you bank or lender for details. Long term tenants. UNIT 1: Spacious 3-bed, 2-bath unit with on-street parking, currently on a month-to-month lease, UNIT 2: 3 bed, 1.5 bath unit with one car garage AND carport yearly lease. UNIT 3: 2-bed, 1-bath unit, 1 car garage and carport MTM.