Investment Info:Single-family residence fix and flip investment in Aurora.

With a primary residence you will likely get the best rate too.I will add that 5% conventional doesn't work as well as 3.5% FHA.

Every county has different requirements, such as minimum square footage for rooms; maximum number of occupants, hallway sizes (If there will be residents in wheelchairs); and safety regulations which are usually different that owner-occupied homes (for example- Interior fire sprinkler systems).  2.

Investment Info:Single-family residence buy & hold investment.

This would be our primary residence.

I am getting conflicting offer of home owner insurance by one broker and State Farm agent telling me home owner insurance is for primary residence, not for rental property. 

Hire a PM company so you don't have to deal with residents personally.

You can then use HELOCs/cash out refi on your personal residence (better rate) to use that money to buy more rentals.

Is CT located near where you reside?

I am wanting to move out of my current residence, and because of other benefits such as the experience I'd gain and the access to a low downpayment, all signs point to house hacking.