Looking to buy 2nd home; rent the first

[Abe Alam]

Hi folks,

Looking to buy 2nd home. My lender is requiring a signed lease for 1st home before officially closing on the 2nd home. 

Has anyone navigated this process? Any tips on timing it right?

Also, I have a two story 4/3. Do you think renting this home to traveling nurses is a good idea? (New hospital finishing in March) or should I rent to a family. 

Thank you for reading !