Since I occupied one of the 5 bedroom I was able to handle the cleaning and maintainence easily.

My insurance agent tried Allstate but they said all units need to be occupied before they write a policy. 

Reason why I mention this is FHA has a guide line that requires the primary owner to live in the "Main" house or occupy the larger GLA.

She will be the owner-occupier for the first year until moving out to rent that unit.

We see this over & over, again & again - someone posts they need help finding a property and suddenly, every agent out there is "Investor-friendly".Funny thing is, RARELY do you see an agent sharing what qualifies their claim.In our experience, +95% of agents only know how to deal with owner-occupied transactions.

\I intend to owner occupy the property while she will use it more as a second home. 

Would you occupy one of the units as a primary or would it be a full investment property for you?

Taxes - if you're wrongly claiming exemptions your taxes could change.Mortgage - if you're using owner occupied loans and you deed to LLCs, you could risk having the note called due.

In your case, I would also include that you are giving them 30 days notice to vacate the unit so you can occupy.

Its about 80% occupied by insurance relocation tenants and I’m currently getting 3 times long term rent