Yes - Fannie will treat the number of properties per the above guide - as long as the underwriter is agreeing that this is your primary residence.That can be somewhat of a subjective thing.

I treat them like a 2nd partner because they watch out for me and are essentially a 2nd set of eyes to vet the deal, which I do recommend you have on your first deal (but it doesn't necessarily have to be your lender).8-12% is pretty standard for hard money. 

But whether it is cash pay outs or free rent, it is not an investment and treating it as such will not benefit you.

Just treat it as a business, keep the properties well maintained, and address any serious concerns brought up by tenants, and you should be fine.- Tom

Currently, I'm in my third owner-occupied property and am looking to refi next year or will be requesting PMI be taken off at the two-year mark since the loan was sold to Freddie Mac: https://new-content.mortgageinsurance.genworth.com...I've done some analysis and depending on the type of loan, PMI can be treated like additional interest to determine if you should seek alternative financing.

You would be shocked at how some high income earners live and treat rental units that arent theirs, most renters are fine but many are entitled and may take you to court or stiff you on a repair bill rather than assume liability.

Give the dog a treat possibly by luring him/her out of the unit.

If the guests do have an issue, we treat it like it is the biggest deal in the world..."

Darion, I live in the West Houston area and consider buy and hold the right strategy for my objectives, I would love to grab lunch with you one day after Memorial Day...my treat!

We will treat it as an investment property, and we’ll still want our minimum financial requirements met on the property we choose.