In this step your notices from step 2 will show the court good faith towards notifying the former owners. 

I would love to know what type of homeowner's policy any of the owners in rental arbitrage have.

As an owner-occupier, you can pay more than an investor would, but as I said above, you are going to be a little hamstrung in return rents unless you can get 3 other units and then that is a do you want to live with three tenants that close when you have two kids.Find some local real estate investor meetups in the area and you will meet a lot of house hackers who can tell you their stories.

This can be cap ex to the building's common elements or cosmetic like a new lobby that you as a landlord may not view as a worthwhile investment but the owner occupants may.

As an owner, I just want to know that the manager cares about my property almost as much as I do and is going to want it to be successful.

The owner Corinne is very knowledgeable and honest.

How are people buying multiple non owner occupied properties on fixed rate traditional 30y mortgages? 

However, I would avoid neighborhoods where the vast majority of the homes are owner occupied and all of the homes are really well kept - you can do a quick search on county GIS or software and click on the homes to see if they are owned in personal names or LLCs. 

For sale by owner and seller finance is completely different. buyer/tenants don’t always have bad credit.

In our experience as a property management company, we allow owners to use home warranties, but they are required to coordinate directly with the warranty company themselves.The main issue we’ve seen is that home warranties can significantly delay even simple repairs.