203k loan requirements / questions

[Mark Miller]

Hypothetical sistuation, but I was thinking about 203k loans.  All the requirements are pretty simple, but towards the end of the brrrr strategy, I am led to ask a question.  

So let's say I get a 203k loan on a property.  The requirements state that you must be an owner occupant, which I have no intention of doing, so here comes the question.  Will I be able to pass that requirement if I refinance and meet the equity requirement to rent it out?  It seems like it would work that way.