Theoretically, if I did enough work so that it fit my needs and lived in it as my primary, would I be violating any laws or aspects of an owner-occupied loan?

Remember to celebrate your milestones, no matter how small, and continue to learn and adapt as you navigate the ever-evolving real estate landscape.

On paper Reno is the best fit.

With the 7.25% interest rates, can you make more than that investing the money elsewhere that fits with your risk tolerance? 

@Levi Collins i can run it by my hard money if you would like. not sure if that fits in the box but happy to ask. if you can send additional details, please do!

It's worth taking a look and talking to a few advisors to see who's a fit for you.

The contract milestone dates did not line up.

If you believe she is honest, hard working and her style of communicating fits you- she needs an app to help her with paperwork I suggest yardi or doorloop/ get a contract in writing that you negotiate with every nitty gritty duty- for example: who keeps copies of keys, how often are inspections done and how is the data provided to you, what dollar amount she can front money for repairs, when to call you...

I’ve talked with them and have a follow up meeting to see it’s the right fit.

Next time work with an agent who is a better fit and think things through more before making an offer with no contingencies.