Some quick googling suggests the answer is yes provided I don't rent it out more than 180 days for the first year, do I understand correctly?

I ain’t no lawyer (except on the Internet), so will possibly have to resort to checking with the lender (BoA) to confirm as I didn’t see anything in the contract that suggested that it closes if I’m no longer resident.James

Any suggestions you have in that regard would be greatly appreciated. 

You should keep saving, get pre-approved so you know where you stand, and start working with an investor-friendly agent to show you homes so you get some reps in.

Our agent is not an expert on this type of deal but suggested a short loan term of 3 or 4 years and a balloon payment and written up by a lawyer. 

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

I would suggest leasing a commercial space for your business first before you go straight to purchasing a space.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

My data suggests otherwise.

I would suggest, if you are doing some proforma, keep it 8-10%.