To the nuts and bolt question of what defines occupancy, it is the place you reside and spend the majority of your time/nights.

(Starbucks / yoga studio / craft brewery /boutique cookie,coffe or ice cream shop  are the easiest targets)-Activation of dormant retail sites-Increased foot traffic For B to AAbove also apply-Home valuations (are homes in the increasing at rates above nearby or similar neighborhoods)-Is it walkable or are projects in place to make it highly walkable for residents-Is it near highly desirable activity centers -is it unique (for example - Can it get historic designation)

no reports of incidents with our residents but there were some people injured and some homes damaged. 

By recognizing the signs and implementing effective preventative measures, landlords and property managers can protect themselves from potential scams.

However, since you put the asset into an LLC, I am going assume you care about asset protection and further this discussion just a bit.My advice to you is to seek out local banks where much of their business is derived from commercial lending.

The big thing is always focus on protecting the public, disclose, and take care of people.

Areas that saw population bumps during the pandemic could see milder but significant demographic shifts, as will almost any area where effected residents have family, relatives or property available for immediate longterm occupancy.

out of state is more difficult than advertised. do you already own a primary residence? 

Also, take as many pictures as possible before the tenant moves in, again this protects you in case of damage caused by tenant. 

They do require these to be done on Primary Residence, and they probably do have a credit component, but may not have an income component to underwriting.