Convert Primary Residence to Investment Property

[Edi C.]

Hi, this is my first post since I joined the community. I would like to ask the following: in which situations makes any sense to convert a primary residence to an investment property? Note that I've been there for over a year - owner occupancy okay - and the LTV is around 73.

Thanks in advance guys!

[Edi C.]

So... let´s say I move to another apartment and I find tennants for this one starting the next month. Given the market prices, the unit is going to give me a mothly profit higher that $100 (let´s say without any contingencies). 

Then, should I change something from PR to Investment? What about the mortgage, that was approved in terms of primary residence? 

I don´t know if it´s an issue or not but I would really appreciate further explanation!