I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

The problem we are having this year is that IHA never stopped paying after the last two residents moved out. 

I'm actually considering moving from my personal residence in a somewhat distant future so I was planning to test the waters before making the leap.

Quote from @Jason Ghent: Hi everyone,For the FHA, what about the case where you live in the primary residence but just rent out the remaining rooms?

Quote from @Jeffery Campbell: Investment Info:Single-family residence fix & flip investment.

How long must you wait before being able to rent out a primary residence property from a lending perspective?

It will protect you for cheaper without the additional complexity.

That feature is bundled in a Resident Benefits Package I have as an addon through Second Nature. 

Additionally, you may just want to ask your tenant to be mindful of the other residents by using some form of air freshener or scented candles etc. you would be surprised what a conversation can do, maybe you'll get a more favorable result.Best Chris

Another lesson I’ve learned is that buying a single family home as my primary residence to later lease to a tenant is a bad strategy unless I’m purchasing the property at a really low price.