If you rent the condo out to others it would be the same thing -- you would need a policy that only covers the interior walls -- it would be an HO6 tenant occupied and depending on the carrier you currently have you would either change the occupancy status or you would need a different policy-- in my experience 9/10 times they require a different policy. 2.State farm does not really ask a lot of questions -- their quoting process is not as in depth as it should be.

Curious exactly how does DTI come into play when buying a non owner occupied investment property with conventional mortgages.

Here are the reasons:Optimal Financing: By moving into one half of the duplex and owner-occupying it, you can access the best financing options available.

There may be some exceptions for owner-occupied properties, but as we don't live in any of our rentals there, I have not investigated those ordinances.

Fannie & Freddy do allow a 5% down owner occupied scenario. 

Unless you already have buy & hold investors lined up make sure you have a reasonable inspection period as showing occupied properties can be a real pain unless your buyers only care about the rent & purchase price.

They're designed for owner occupants but could be something in which you occupied for a duration of time and then converted to a pure investment later. 

Cash out refinance: Hoping to get 70% LTV from current strip mall commercial property. 1 unit owner occupied. 30 year term.

Have you seen the business financials and previous years rents along with looking at that the banks will want to see its 100% occupied without vacancy to hit a Debt service ratio of 1.25% Minimum in most cases.

(90% of buyers will be owner occupants who can’t/wont buy a tenant occupied home.) check with your local landlord tenant laws about notice periods, post a notice and being a witness.