If you had HOi as a owner occupant and your tenant burned your house down (and it was found that you weren't occupying the property, they could deny a claim..

The reasonable accommodation requirements of the Fair HousingAct also do not apply to owner-occupied buildings that have four or fewer dwelling units.This doesn't make it very clear regarding rentals though each and every attorney site that talks about ESA says that if you don't use a property manager to rent the home, the FHA stuff regarding ESA's doesn't apply. https://esadoctors.com/fair-ho...  Is

I have received a few quotes on HOI, ranging from 1800 to 2400.

@Victoria Ho I am a real estate broker in Charlotte, NC that specializes in working with investors.

Unless the goal is to gentrify the neighborhood and price out/run out the hoi polloi.

Also would love to know if someone ho is a citizen would like to partner along?

5.5% estimated rate$770 estimated monthly payment (includes taxes and HOI)$25,000 Estimated down payment (20%) and closing costs$83,200 Loan amount$25K renovations$74K purchase

 David Krulac your( ho) is appreciated and I will know soon enough if that is what I have to except.

Each place needs HOI as well, but you need to figure out which part of the loan amount each property represents.I made some nice money on the deal as the portfolio was worth about 2 million, but it took 60 days to close and I had three or four email chains going with various people like property managers, insurance agents and title.Just make sure you are not selling any of the properties.  

That’s accounting for down payment, fees, closing costs, title work, HOI, and about 5 debt payments.