The responsible person may never wind up occupying. 

Purchase price: $376,000 Cash invested: $20,000 House hack owner-occupied investment turned to long-term hold.

From my understanding I can’t use this income but could I “occupy” this unit and rent out the main house and use that income?

I have several rentals occupied by 2-4 adults of the same sex.

So purchase --> fix --> rent (in your case occupy) --> refinance.Househacking is where you take advantage of owner occupied incentives (including but not limited to 5% down and lower interest rates) while renting either rooms or separate apartments in the same property.With your situation, you can totally do both. 

He moved from Kentucky to Wyoming, pulled up in front of the house he rented online, and learned it was already occupied by one of my renters.

What I was trying to convey is that if you have 10 DSCR loans and zero conventional loans you are NOT eligible for a non-owner occupied conventional loan because Fannie/Freddie will not allow you to have more then 10 residential loans of any type.

Tenant occupied will work on value add as tenants leave.

You can do a VA or FHA rehab loan but you'd have to owner occupy.

It took way too long, 13 grueling months while going through a divorce but kept me occupied.