I also have had the privilege of helping some investors who used a house hack as a springboard into larger commercial deals.

While not a lender myself, nor an attorney, I can say that many of my former CRE industrial clients have bought buildings that they originally occupied 51% or more and then either bought another larger building to accommodate growth or reduced in size or went out of business and leased the entire building(s) out to tenants.I think the occupancy rule is in place to discourage investors from accessing SBA loans for the simple privilege of using these funds for speculative real estate investment.

Owner financing to others and Pray is a good thought as some have suggested.. you know there are thousands on BP that are dying to get into the landlord business maybe you can find one that has limited cash but will take these on just for the privilege of getting started. 

I don't think I'd pay $140K for the privileged of owning it so I could collect $1,200 in rent.

ONLY negative these days about Napa and north bay is traffic other than that one of the best places in the world that I have ever been to or had the privilege to live.. my 10 years at Silverado was off the charts wonderful. 

So we are looking at roughly 10% increase in rent for the "privilege" of going to MTM. 

I'm a recent new member to this site, and I think it's an excellent resource for people like me who are brand new to RE investing.I've had the "privilege" to attend a 3 day "intro to REI" course put on by the rich dad company.

At the end of the day, you are the landlord, you have the house, you have the privilege.

There's no free lunch out there, so to have the privilege of buying a home with a minimal down payment and somewhat shaky credit (FHA guidelines allow for credit scores as low as 580), you're going to pay up with expensive MIP and UFMIP premiums.

Jack up the rent for the privilege of issuing a 9 month lease.